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Bitcoin drops 1.21% in one hour to $83,254 amid $20.8M long liquidations

Market News
22 Oct 2026
Tokenpost
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Bearish
Bitcoin drops 1.21% in one hour to $83,254 amid $20.8M long liquidations

Bitcoin's price fell 1.21% over a one-hour period to $83,254 on Binance, marking a $1,016 decline. Despite this short-term drop, the price remained 0.56% higher than 24 hours earlier. During the same hour, $20.8 million worth of long positions were liquidated across Binance, Bybit, and OKX, with no short position liquidations reported. This indicates a sharp short-term sell-off amid ongoing market volatility.

Bitcoin's recent price drop provides context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Oct 22, 2026 20:42 WIB: out of 50 major cryptocurrencies priced on Pluang, 4 rose and 45 fell. Notable movers include ADA at Rp3.900 with a 1-day change of -4.53% and a Pluang order activity split of 48% Sell / 52% Buy, SUSHI at Rp3.896 down 4.41% with 86% Sell / 14% Buy activity, and ALGO at Rp1.969 down 4.09% with 10% Sell / 90% Buy activity.

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