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Two crypto traders liquidated over $26M as Bitcoin and Ether surge past key levels

Technical Signals
01 Oct 2026
Tokenpost
View Source
Bullish
Two crypto traders liquidated over $26M as Bitcoin and Ether surge past key levels

Two cryptocurrency traders faced forced liquidation of their short positions totaling over $26 million after Bitcoin and Ether prices surged on September 21. One trader holding 5,867 Ether had their position liquidated at around $16.13 million, while another with 122.88 Bitcoin had a $10.16 million short position liquidated. Bitcoin crossed the $85,000 mark and Ether rose above $2,750, triggering these liquidations. This event highlights the risks of shorting volatile cryptocurrencies during strong upward price movements.

Bitcoin's market cap stands at Rp30.658,91 trillion as of October 2, 2026, with a 24-hour trading volume of Rp593,83 trillion on Pluang. The cryptocurrency's price is Rp1.520.367.597, showing a 1.47% increase in the last day. Buy orders dominate at 59%, and the typical holding period on Pluang is 110 days, indicating steady investor interest despite recent volatility.

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