Bitcoin briefly fell below the $80,000 mark, causing the forced closure of $8.05 million in long positions by two large traders on Hyperliquid, resulting in $278,000 in realized losses. After the dip, Bitcoin quickly recovered and traded just above $80,000, though it remained down 1.78% over the past 24 hours. This event highlights the volatility in Bitcoin trading and the risks of leveraged positions. Investors should watch for further price fluctuations around this key level.
Bitcoin's recent price action is noted here as context for readers. For those following cryptocurrency markets, Pluang data as of Oct 25, 2026 00:21 WIB shows that out of 50 major cryptocurrencies priced, only 4 rose while 45 fell. Notable movers include VET at Rp122 with a 1-day change of -7.15% and a Pluang order activity of 68% Sell / 32% Buy, ATOM at Rp29,401 down 6.89% with 56% Sell / 44% Buy, and UNI at Rp120,385 down 6.85% with 47% Sell / 53% Buy. Typical hold times range from 61 to 148 days among these assets.
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