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Bitcoin longs liquidated $15M on Binance, Bybit, OKX amid 0.83% price drop

Market News
06 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin longs liquidated $15M on Binance, Bybit, OKX amid 0.83% price drop

Bitcoin experienced $15 million in liquidations on Binance, Bybit, and OKX within one hour ending at 9:57 p.m. ET on October 6, with nearly all liquidations from long positions totaling $14.99 million. Short positions saw no liquidations. During this period, Bitcoin's price fell 0.83%, dropping from $85,520 to $84,809. Liquidations happen when leveraged positions fail to meet margin requirements and are forcibly closed by exchanges, indicating increased selling pressure on long holders.

Bitcoin's price on Pluang is Rp1.504.727.673 as of Oct 07, 2026 09:21 WIB, showing a 1.66% decline over the past day. Trading activity on Pluang currently leans slightly towards selling, with 53% of orders being sell orders. The typical hold time for Bitcoin investors on Pluang is 111 days, indicating a medium-term investment horizon among users.

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