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Bitcoin Cash drops 3.26% in one hour, hitting $299 on Binance amid $1.07M long liquidations

Market News
02 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin Cash drops 3.26% in one hour, hitting $299 on Binance amid $1.07M long liquidations

Bitcoin Cash (BCH) experienced a sharp decline of 3.26% within one hour, falling to $299 on Binance's BCH/USDT spot market. This drop extended its 24-hour loss to 2.54%, down from $309 an hour earlier. During the same hour, long liquidations across major exchanges Binance, Bybit, and OKX totaled $1.07 million, while no short liquidations were recorded. This indicates significant selling pressure and potential bearish sentiment in the BCH market.

Bitcoin Cash is trading at Rp5.358.351 on Pluang as of Oct 03, 2026 02:03 WIB, showing a 1-day decline of 3.05%. The market sentiment on Pluang leans towards selling, with 59% of order activity being sell orders. Typical hold time for BCH investors on Pluang is 68 days, indicating a moderate-term investment horizon.

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