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$11.82M Bitcoin long position liquidated on Binance at $82,283 price

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
$11.82M Bitcoin long position liquidated on Binance at $82,283 price

A large Bitcoin long position worth $11.82 million was liquidated on Binance's perpetual futures market on October 8 at 1:20 p.m. ET. The position was forcibly closed at a liquidation price of $82,283, meaning the trader's losses reached the exchange's threshold for automatic closure. This event highlights the risks of trading on leverage in volatile markets, though no specific cause for the liquidation was confirmed. Such liquidations can impact market sentiment and price movements in the short term.

As of Oct 08, 2026 11:41 WIB, Bitcoin trades at Rp1.476.609.535 on Pluang, down 1.89% in the past day. The platform shows a market cap of Rp29.771,01 trillion and a 24-hour trading volume of Rp642,12 trillion. Despite the recent liquidation event on Binance, Pluang users show a buying interest with 63% buy orders, while typical Bitcoin hold time is 111 days.

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