On September 23, a sharp decline in the crypto market caused Bitcoin to fall below $84,000 and Ether to drop under $2,650, leading to over $500 million in liquidations within 24 hours. More than 120,000 traders were forced out of leveraged positions, with the largest single liquidation being a $10 million long position on Ether at Binance. This significant sell-off pushed major cryptocurrencies and altcoins lower, highlighting increased market volatility and risk for leveraged traders. The event underscores the potential dangers of high leverage in volatile markets and may lead to cautious trading ahead.
Bitcoin and Ether saw liquidations topping $500 million in a single day, a notable figure amid a sharp crypto market decline. For readers following cryptocurrency, here is Pluang's market snapshot as of Sep 23, 2026 23:05 WIB: out of 50 major cryptocurrencies priced on Pluang, 8 rose and 41 fell. Notable movers include ALGO at Rp1.851 with a 1-day change of -6.37%, ETC at Rp155.403 down 6.36%, and XLM at Rp3.602 down 6.25%.
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