Bitcoin fell sharply from $85,341 to $83,790 within 20 minutes on Oct 7, triggering over $400 million in long position liquidations. This sudden drop happened three days before the anniversary of crypto's largest-ever liquidation event on Oct 10, 2025, which wiped out $19 billion in leveraged bets. While this recent sell-off is much smaller, it affected over 100,000 traders and caused declines across major cryptocurrencies like Ethereum and XRP. Key price levels to watch are $83,577 as support, $82,600 as the next major liquidation zone, and $87,400 overhead resistance. Traders may remain cautious ahead of the anniversary, potentially limiting leverage and delaying further moves.
Following the sharp Bitcoin drop described, on Pluang as of Oct 07, 2026 14:01 WIB, BTC trades at Rp1.506.184.302, down 1.39% in the past day. Ethereum and XRP also show declines, with ETH down 3.08% to Rp46.796.355 and XRP down 1.63% to Rp26.367. The sell pressure is reflected in Pluang order activity, with 53% of BTC orders and 75% of ETH orders being sell orders, indicating cautious sentiment among traders.
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Bitcoin fell about $2,000 within 30 minutes after reaching above $85,600, causing a wave of liquidations in leveraged crypto markets totaling over $550 million in 24 hours. Most losses came from long positions, forcing over 100,000 traders out of the...
Bitcoin sharply fell below $84,000, dropping $1,600 in about 15 minutes and causing over $400 million in liquidations of leveraged long positions. This rapid decline pressured major cryptocurrencies, with Ether down 3.5%, XRP down 2.7%, BNB down 2.3%...
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