In the past 24 hours, cryptocurrency liquidations totaled over $698 million, with $645 million coming from long positions and $49 million from short positions. This surge in long squeezes highlights growing market volatility and uncertainty as October progresses. The dominance of long position liquidations suggests traders are facing significant losses amid bearish market conditions, clouding the outlook for the month. Investors should remain cautious as market dynamics continue to evolve.
The recent Bitcoin volatility is set against a broader cryptocurrency market snapshot from Pluang as of Oct 09, 2026 03:42 WIB: out of 50 major cryptocurrencies, only 7 rose while 42 fell. EOS gained 8.13% contrasting with AVAX and ADA, which dropped 8.94% and 7.88% respectively. This shows a market where most assets are declining, with EOS as a notable exception, reflecting diverse trader responses within a generally bearish environment.
Pacira BioSciences was downgraded from Buy to Hold by Needham following Viatris's announcement to acquire the company for $36.50 per share, valuing it at about $1.65 billion. The deal is expected to close by late 2026 and will enhance Viatris's portf...
Northwest Biotherapeutics has partnered with the UK National Health Service Blood and Transplant (NHSBT) to support production of its experimental cancer vaccine DCVax-L, targeting glioblastoma and other solid tumors. NHSBT's therapeutic apheresis an...
SpaceX has agreed to purchase a nationwide spectrum portfolio from Grain Management, pending FCC approval, to enhance its Starlink mobile service in the US. The acquisition includes up to 14 MHz of paired spectrum in the 800 MHz band, addressing key ...
Ether (ETH) short positions worth $10.29 million were liquidated within one hour as the price of ETH increased by 0.32% to $2,471. These liquidations occurred because traders betting on a price drop were forced to close their positions when the marke...
The crypto market experienced a sharp selloff with $1.13 billion in leveraged positions liquidated within 24 hours, causing Bitcoin to fall 3.3% to about $80,550 and Ether to drop 5.7% to around $2,413. Long positions accounted for the majority of li...
