- Bitcoin (BTC) fell to $83,600, triggering the liquidation of $550 million in long positions.
- The drop in Bitcoin sparked large-scale liquidations, centered on long positions that had bet on further gains.
- The market is also watching a 40x leveraged short position on Hyperliquid, a decentralized exchange (DEX), and moves in highly leveraged positions.
Bitcoin Falls to $83,600, Liquidating $550 Million in Long Positions
Bitcoin fell to $83,600, triggering $550 million of long-position liquidations across the crypto market.
bloomingbit
Publisher
Oct 7, 2026 at 4:31 PM UTC · 1 phút đọc
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bitcoin
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BTC+0.43%$82,876
Last Updated
3 ngày trước
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Forecast Trend Report by Period
Bitcoin fell to $83,600, triggering $550 million of long-position liquidations across the crypto market.
Cointelegraph reported on Oct. 7 that Bitcoin's decline set off large-scale liquidations, mainly among long positions betting on further gains.
The market is also focused on a 40x leveraged short position on Hyperliquid, a decentralized exchange.
Bitcoin's drop and the mass liquidation of long positions have put the spotlight on moves in highly leveraged trades.
Follow the Story
- Oct 7Bitcoin Falls to $83,600, Liquidating $550 Million in Long Positions
- Oct 11‘More bullish on Bitcoin’ – Strategy leads 91% of corporate BTC buying
- Oct 11Empire Market co-creator sentenced to 40 years, ordered to forfeit $100M in Bitcoin.
- Oct 11Bitcoin correction points to potential drop to $74,500 with buying opportunities ahead.
- Oct 7Bitcoin Falls to $83,600, Liquidating $550 Million in Long Positions
- Oct 11‘More bullish on Bitcoin’ – Strategy leads 91% of corporate BTC buying
- Oct 11Empire Market co-creator sentenced to 40 years, ordered to forfeit $100M in Bitcoin.
- Oct 11Bitcoin correction points to potential drop to $74,500 with buying opportunities ahead.
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Originally reported by bloomingbit
NewsLayer coverage based on externally reported material.
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Bitcoin
BTC
$82,899
+0.46% (24H)
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$1.67T
24H Volume
$11.1B
24H High
$83,090
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