Crypto liquidations reach $245.67M as Bitcoin consolidates near $81,500
CIE News ·
Based on reporting by Bitcoin.com News; not yet independently confirmed.
Derivatives platforms saw $245.67 million liquidated across 75,278 traders on October 17, 2026, with long positions accounting for 78.9% of the total as Bitcoin hovered near $81,500.
Crypto derivatives platforms registered $245.67 million in liquidations over a 24-hour period on October 17, 2026, according to KuCoin. The market flush resulted in 75,278 leveraged traders being closed out of their positions, with long liquidations making up 78.9% of the total volume.
The liquidations took place as major crypto assets traded in narrow ranges. Bitcoin (BTC) hovered between $81,500 and $81,652, while Ethereum (ETH) traded between $2,416 and $2,425. Bitcoin recorded a 24-hour range of $81,108.80 to $81,733.01 with daily trading volume reaching $13.967 billion, according to Bitcoin.com News.
Technical data reported by Bitcoin.com News showed Bitcoin's relative strength index at 46 and its moving average convergence divergence indicator displaying a reading of 80. Key price levels for BTC include structural support at $79,694 and overhead resistance near $82,500 and $84,254.
Key facts
- $245.67M total liquidations
- 75,278 traders liquidated
- 78.9% long liquidations
- BTC near $81,500
Read the original at Bitcoin.com News