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Bitcoin drops 1.04% as $22.28M in long positions liquidate across Binance, Bybit, and OKX.

Technical Signals
15 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin drops 1.04% as $22.28M in long positions liquidate across Binance, Bybit, and OKX.

Bitcoin's price fell 1.04% within one hour ending 9:55 a.m. ET on October 15, dropping from $80,706 to $79,869. During this period, $22.28 million in long positions were liquidated across three major exchanges: Binance, Bybit, and OKX, alongside $660,000 in short position liquidations. The liquidation activity was heavily skewed toward long positions, indicating significant selling pressure. This data reflects a snapshot from these exchanges only and highlights short-term volatility in Bitcoin trading.

While the article highlights a sharp one-hour drop in Bitcoin's price and significant long liquidations, on Pluang as of Oct 16, 2026 02:32 WIB, Bitcoin trades at Rp1.476.684.292 with a positive 1-day change of 0.86%. This contrasts with the short-term volatility noted in the article, showing some recovery or stability in Bitcoin's price. The Pluang platform also shows a majority buy order activity at 62%, suggesting continued investor interest despite recent liquidations.

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