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Bittensor (TAO) drops 4.61% in one hour, market cap at $3.44B, amid $650K long liquidations

Market News
06 Oct 2026
Tokenpost
View Source
Bearish
Bittensor (TAO) drops 4.61% in one hour, market cap at $3.44B, amid $650K long liquidations

Bittensor (TAO) experienced a sharp decline of 4.61% within one hour, falling from $306 to $292 as of October 6. Over the past 24 hours, TAO's price dropped 3.73%, with its market capitalization around $3.44 billion, ranking it 34th among cryptocurrencies by market value. During this period, long liquidations totaling $650,000 occurred across major exchanges Binance, Bybit, and OKX, while no short liquidations were recorded. This price movement and liquidation activity highlight increased selling pressure on TAO in the short term.

Following the recent sharp drop in Bittensor's price, on Pluang TAO trades at Rp5.252.984 with a 3.50% decline over the past day as of October 7, 2026, 09:21 WIB. The market cap stands at Rp62,84 trillion, and trading volume reached Rp3,45 trillion in 24 hours. Notably, 71% of Pluang orders are sell orders, with investors typically holding TAO for about 43 days.

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