On October 7, 2026, approximately $608 million in leveraged crypto positions were liquidated, with Ether longs suffering the majority of losses. The largest single liquidation was a $26.64 million position on Binance's ETHUSDC pair. This event was driven by a sudden price reversal that caught leveraged Ether bulls off guard, triggering a cascade of forced position closures primarily on Binance, Bybit, and OKX perpetual futures markets. The imbalance between $545 million in long liquidations and $64 million in shorts highlights the crowded long trade setup, which traders and exchanges will watch closely through funding rates and open interest to gauge if the market is rebuilding similar risk exposure.
Binance Coin (BNB) is trading at Rp13.714.321 with a 2.35% decline on Pluang as of Oct 07, 2026 19:53 WIB, reflecting some market pressure following the large crypto liquidations including a $26.64 million hit on Binance's ETHUSDC pair. The sell activity on Pluang is currently at 60%, indicating cautious sentiment among investors. This trading behavior coincides with the widespread unwinding of leveraged Ether longs noted in the news.
Bitcoin's price has remained mostly flat over the past two weeks, hovering around $83,600, despite a strong rally in September driven by large spot ETF inflows totaling about $2.6 billion. However, ETF demand has sharply cooled recently, with inflows...
Binance experienced its largest weekly Bitcoin outflow since June 2023, with 23,137 BTC withdrawn over seven days ending Sept. 27. This reduced Binance's Bitcoin reserves from about 704,800 BTC to 663,100 BTC, a drop of nearly 40,000 BTC. Despite thi...
A large long position worth $4.48 million in Ether (ETH) was liquidated on Binance's perpetual futures market on October 7 at 6:07 a.m. ET. The liquidation occurred at an ETH price of $2,562, according to Binance's public liquidation data collected b...
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Bitcoin's price fell sharply below $84,000, dropping over $2,000 in minutes and causing significant losses among major altcoins like MNT, DOT, and UNI. The total crypto market capitalization declined by more than $60 billion within 24 hours, reaching...
