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Bitcoin long positions worth $9.72M liquidated as price drops 1.29% on Oct 2

Technical Signals
02 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin long positions worth $9.72M liquidated as price drops 1.29% on Oct 2

On October 2, Bitcoin experienced a significant liquidation event where $9.72 million in long positions were liquidated within one hour as its price fell by 1.29%, dropping from $87,020 to $85,894. This data, collected from Binance, Bybit, and OKX exchanges, shows a total liquidation of $10.69 million during that hour, with short positions accounting for $970,000. The event highlights the volatility in Bitcoin trading and the risks of leveraged positions. These figures only represent liquidations on the three mentioned exchanges and do not cover the entire market.

Despite the recent liquidation event reported, Bitcoin is trading higher on Pluang at Rp1.531.759.262 as of Oct 02, 2026 22:02 WIB. The platform shows a positive 1-day change of 1.64%, indicating some recovery or resilience. Trading activity on Pluang leans more towards buying, with 59% of orders being buy orders at this time.

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