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Bitcoin dips to $80,420 amid large BTC transfers and $1B crypto liquidations

Market News
09 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin dips to $80,420 amid large BTC transfers and $1B crypto liquidations

Bitcoin fell to $80,420, its lowest in October, during a period when government-linked wallets moved 17,733 BTC worth about $1.48 billion to Coinbase Prime. Additionally, 750 WBTC valued at $62 million were transferred. These movements did not confirm government selling or directly cause the price drop. Bitcoin later stabilized near $83,000, while XRP remained steady with notable inflows into XRP ETFs contrasting outflows from Bitcoin and Ether ETFs. The selloff triggered over $1 billion in crypto liquidations, mostly from long positions. Meanwhile, Evernorth Holdings plans to complete a business deal with Armada Acquisition Corp. II, with XRP trading expected to start on Nasdaq around October 12.

Bitcoin trades at Rp1,474,394,760 on Pluang as of Oct 09, 2026 21:02 WIB, showing a slight 0.30% increase over the past day despite the recent dip to $80,420 noted in the news. XRP, meanwhile, is priced at Rp24,567 with a 1.87% decline in the last 24 hours. The platform data highlights a strong buy interest in Bitcoin with 76% of orders as buys, while XRP sees 69% buy orders, reflecting ongoing investor engagement amid the reported government-linked wallet transfers and market volatility.

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