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Binance liquidates $2.88M Bitcoin long at $80,651 in BTC futures market

Market News
08 Oct 2026, 20:09 WIB
Tokenpost
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Bearish
Binance liquidates $2.88M Bitcoin long at $80,651 in BTC futures market

Binance liquidated a $2.88 million long position on Bitcoin at a price of $80,651 on October 8. This liquidation occurred in Binance's Bitcoin perpetual futures market, reflecting a forced closure of a leveraged trade. Such liquidations indicate volatility and risk in the crypto futures market, impacting trader positions and market sentiment. The event was publicly recorded by Binance, highlighting transparency in its liquidation data.

Binance's liquidation of a $2.88 million Bitcoin long position occurred on October 8. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 08, 2026 23:31 WIB: out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell. Notable movers include BAL (Balancer) with a 1-day change of +11.14%, MANA (Decentraland) down -14.99%, and AVAX (Avalanche) down -11.10%.

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