Crypto traders experienced $180 million in liquidations within a single hour on September 23, triggered by Bitcoin's drop below the $85,000 mark. Most losses came from leveraged long positions, which accounted for $174 million of the total, while short positions contributed $6.36 million. This sharp decline forced many bullish traders to close their positions automatically due to insufficient collateral. The event highlights the risks of leveraged trading in volatile markets and may lead to increased caution among investors.
Bitcoin is currently trading at Rp1.495.000.000 on Pluang, down 2.78% over the past day. The platform shows a balanced order activity with 46% selling and 54% buying as of Sep 23, 2026 21:32 WIB.
Bitcoin's price dropped below $84,000, causing a rapid liquidation cascade that wiped out $237 million in leveraged long positions in just one hour. This sharp sell-off highlights the high leverage in the market, where automated liquidations amplify ...
Bitcoin experienced significant liquidations with $31.07 million in long positions wiped out during a one-hour period ending at 10:29 a.m. ET on September 23. The cryptocurrency's price fell by 1.16%, dropping from $85,499 to $84,503. Total liquidati...
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