- Bitcoin futures leverage and open interest rose to levels similar to those seen just before last October’s “great liquidation,” but analysts said the market is less overheated now, limiting the risk of cascading liquidations.
- The report said perpetual futures funding rates, a decline in derivatives-linked stablecoin supply, and liquidation intensity — the amount liquidated for every 1% drop — are all well below the levels seen in October last year.
- It said the U.S. FOMC, Bitcoin’s $82,300 support level, and spot ETF inflows will be the key factors in determining whether Bitcoin falls further or retakes the $86,000 level.
Bitcoin Futures Leverage Jumps 4%; Will Last October’s ‘Great Liquidation’ Nightmare Return?
Rising leverage in the Bitcoin futures market is fueling concern that last year’s “October great liquidation” could be repeated. Still, some analysts say the market is less overheated than it was then, suggesting the risk of a large…
bloomingbit
Publisher
Oct 9, 2026 at 5:13 AM UTC · 4 min de leitura
Key Signal
650,480 BTC Bitcoin futures open interest
Entities
bitcoin
Market Impact
BTC+0.45%$83,202
Last Updated
há 5 dias
Traduzindo…
Forecast Trend Report by Period
Rising leverage in the Bitcoin futures market is fueling concern that last year’s “October great liquidation” could be repeated. Still, some analysts say the market is less overheated than it was then, suggesting the risk of a large cascade of liquidations remains limited.
CoinGlass data on October 7 showed Bitcoin futures open interest climbed 4.0% over the past seven days to 650,480 BTC. That is similar to the move ahead of last year’s mass liquidation on October 10, when open interest rose 4.1% over the preceding five days.
Forced liquidations mounted as the crypto market tumbled the same day. Bitcoin fell more than 2% to the $83,000 level, while Ether dropped 3.5% to around $2,600. Long positions took the brunt of the hit, with about $403.58 million liquidated in just one hour.
Market Context
Bitcoin
BTC
$83,212
+0.46% (24H)
Market Cap
$1.67T
24H Volume
$22.1B
24H High
$84,053
Article Intelligence
Key Entities
Ethenabitcoin
Related Coverage
CryptoBitcoin price struggles near $83K – Can BTC find its October bottom?há 2 horas · 2 min read
CryptoBitcoin Edges Lower as Investors Await U.S. CPI Data -- Market Talkhá uma hora · 1 min read
CryptoJones Warns of Darkest Hour for Stock Market in 2027; Bitcoin Scarcity Emerges as Key Hedgehá 2 horas · 1 min readSponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium