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Bitcoin tops $84,000 amid $188M in crypto short liquidations in 24 hours

Market News
22 Oct 2026
Tokenpost
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Bullish
Bitcoin tops $84,000 amid $188M in crypto short liquidations in 24 hours

Bitcoin surged above $84,000 on October 21, coinciding with $188.14 million in short liquidations across the crypto market within 24 hours. Total liquidations reached $243.04 million, with short positions making up 77.4% of the total. Bitcoin alone accounted for $78.42 million in liquidations, mostly from shorts, while Ethereum saw $47.99 million in liquidations. These forced closures reflect traders exiting leveraged positions, often adding buying pressure during rallies, but do not reveal the initial market triggers.

Bitcoin's market cap stands at Rp29.993,16 trillion as of October 22, 2026, 12:21 WIB, with a 24-hour trading volume of Rp626,73 trillion on Pluang. Despite the recent surge above $84,000 and significant short liquidations, Bitcoin's price on Pluang remains stable at Rp1.491.910.300 with no change in the last day. Ethereum, meanwhile, holds a market cap of Rp5.375,94 trillion and a 24-hour volume of Rp258,24 trillion, showing a slight 0.09% decrease in price to Rp43.989.413 as of the same time.

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