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Bitcoin drops 1.29% in an hour amid $9.72M long position liquidations

Market News
02 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin drops 1.29% in an hour amid $9.72M long position liquidations

Bitcoin's price fell 1.29% within one hour to $85,894 on October 2, with significant liquidations of bullish (long) positions totaling $9.72 million across Binance, Bybit, and OKX exchanges. Despite the short-term drop, Bitcoin remained up nearly 2% over the past 24 hours. The liquidations indicate forced closures of traders betting on price rises, reflecting volatility in the market. This movement highlights ongoing market fluctuations for Bitcoin amid active trading on major platforms.

Bitcoin's market cap on Pluang stands at Rp30.889,77 trillion as of October 2, 2026, 22:02 WIB, with a 24-hour trading volume of Rp746,97 trillion. Despite the article noting a 1.29% drop within one hour, Bitcoin's price on Pluang is up 1.64% over the past day, trading at Rp1.531.759.262. The platform shows a buying interest of 59% against 41% selling, with typical holders keeping Bitcoin for about 110 days, indicating steady engagement amid short-term volatility.

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