Bitcoin experienced $11.43 million in long position liquidations within one hour on October 2, as its price fell 0.56% from $85,178 to $84,701. These liquidations occurred on major exchanges Binance, Bybit, and OKX, reflecting leveraged positions being closed automatically when margin requirements were not met. Short position liquidations were minimal at $220,000. This activity highlights the volatility and risks involved in leveraged trading of Bitcoin.
Bitcoin long liquidations reached $11.43 million in one hour on October 2, illustrating the volatility in leveraged trading. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Oct 03, 2026 00:31 WIB: out of 50 major cryptocurrencies priced on Pluang, 25 rose and 24 fell. Notable movers include MANA at Rp1.846 with a 16.17% increase and 100% buy order activity, ENJ at Rp605 with a 15.17% rise but 100% sell order activity, and BAL at Rp16.297 up 11.14%.
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