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Bitcoin dips below $82K as crypto liquidations hit $221M, led by leveraged long positions.

Market News
23 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin dips below $82K as crypto liquidations hit $221M, led by leveraged long positions.

Bitcoin fell to around $81,331 and Ether dropped below $2,400 on October 22, driven by heavy liquidations of leveraged long positions which accounted for 93.7% of the $221 million total liquidations. Bitcoin liquidations alone reached about $77 million, with the largest single liquidation being an $11.78 million Bitcoin long on Binance. The broader market also showed weakness with major U.S. stock indices down, and related crypto assets like BlackRock's Bitcoin ETF and Coinbase shares also declining. This indicates increased volatility and risk in the crypto market, signaling caution for investors.

Bitcoin's recent price action and liquidation events provide context for Pluang's cryptocurrency market snapshot. For readers following crypto, here is Pluang's market data as of Oct 23, 2026 14:41 WIB: out of 50 major cryptocurrencies, 24 rose and 25 fell today. Notably, SXP dropped sharply by 46.27% to Rp37, contrasting with BAL's 11.14% gain to Rp16,297 and EOS's 8.13% rise to Rp12,649, reflecting a wide range of price movements and typical hold times between 85 and 94 days.

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