Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin and Ether plunge triggers $1.19B in liquidations, hitting nearly 193,000 traders.

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin and Ether plunge triggers $1.19B in liquidations, hitting nearly 193,000 traders.

Bitcoin and Ether experienced a sharp selloff on October 8, causing $1.19 billion in liquidations across nearly 193,000 traders. Bitcoin briefly dropped below $80,500 before recovering above $81,500, while Ether slid toward $2,400 and rebounded to around $2,480. The largest liquidation was nearly $20 million on Hyperliquid's Ether-USD market. This volatility highlights the risks in leveraged crypto derivatives markets and may lead to continued price swings.

As of October 9, 2026, 08:01 WIB, Bitcoin trades at Rp1.464.402.038 on Pluang, down 1.77% in the past day. The platform shows a strong buying interest with 76% of orders as Buy and a typical hold time of 111 days. This ongoing volatility in Bitcoin aligns with the recent sharp selloff and liquidations reported in the crypto market.

More News (BTC)

Trader opens $16.35M 40x leveraged short on Bitcoin after closing $331K loss long position

Trader opens $16.35M 40x leveraged short on Bitcoin after closing $331K loss long position

AguilaTrades opened a 40x leveraged short position worth $16.35 million on Bitcoin, covering 200 BTC, after closing a previous long trade that resulted in a $331,000 loss. The liquidation price for this short position is set at $82,703.32 per bitcoin...

Market News
Bearish
4 hours ago
NEAR Protocol leads crypto losses with a 16.41% drop amid broad market decline

NEAR Protocol leads crypto losses with a 16.41% drop amid broad market decline

NEAR Protocol (NEAR) experienced the largest drop among the top 90 cryptocurrencies, falling 16.41% to $4.47 in a 24-hour period ending Oct. 8. Other notable declines included Pump.fun, LayerZero, Zcash, and Venice Token, all down over 10%. The marke...

Market News
Bearish
5 hours ago
Bitcoin dips 1.8% amid tech stock pressure and US-Iran tensions

Bitcoin dips 1.8% amid tech stock pressure and US-Iran tensions

Bitcoin traded at $81,862, down 1.81% over 24 hours after a modest recovery from earlier losses. The decline in Bitcoin and tech stocks was influenced by concerns over OpenAI's revenue being $20 billion lower than expected, causing major tech compani...

Market News
Bearish
5 hours ago
Bitcoin and major cryptocurrencies fall sharply, dragging total crypto market down 5%.

Bitcoin and major cryptocurrencies fall sharply, dragging total crypto market down 5%.

Bitcoin dropped nearly 2% to $81,723, leading a broad decline in the crypto market which saw total capitalization fall over 5% to $2.78 trillion. Ether, XRP, BNB, Solana, and Dogecoin also experienced significant losses, with NEAR Protocol falling ov...

Market News
Bearish
8 hours ago
Crypto market drops as $1.13B in leveraged positions liquidate, Bitcoin and Ether lead losses amid Fed rate hike fears

Crypto market drops as $1.13B in leveraged positions liquidate, Bitcoin and Ether lead losses amid Fed rate hike fears

The crypto market experienced a sharp selloff with $1.13 billion in leveraged positions liquidated within 24 hours, causing Bitcoin to fall 3.3% to about $80,550 and Ether to drop 5.7% to around $2,413. Long positions accounted for the majority of li...

Market News
Bearish
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App