Key Takeaways
- • A single Bitcoin long position worth $11.67 million was liquidated on Binance's perpetual futures market at a price of $80,642 on October 18, 2026, according to Pluang.
- • The liquidation was recorded at 4:16 p.m. ET, representing a significant position-level close in Binance's Bitcoin derivatives trading.
- • Pluang's market snapshot as of October 19, 2026 at 02:51 WIB showed 45 of 50 major cryptocurrencies falling and only 4 rising.
- • Notable decliners included SUSHI (-6.77%), COTI (-6.72%), and NEO (-6.52%), per the same snapshot.
Summary
A single Bitcoin long position valued at $11.67 million was liquidated on Binance's perpetual futures market at $80,642 on October 18, 2026, according to Pluang. The liquidation was recorded at 4:16 p.m. ET. Pluang notes that liquidations of this size can signal elevated volatility and risk in the crypto futures market, with potential effects on trader sentiment and market dynamics.
The report also provided a broader market snapshot as of October 19, 2026 at 02:51 WIB. Of 50 major cryptocurrencies tracked, 4 rose and 45 declined. Among the notable movers, SUSHI traded at Rp3,691 (-6.77%, with 14% sell and 86% buy sentiment), COTI at Rp184 (-6.72%, 33% sell and 67% buy), and NEO at Rp38,302 (-6.52%, 82% sell and 18% buy).
The source material is limited to the liquidation figure and the market snapshot, and it does not identify the trader or the specific cause of the position closure.
The report also provided a broader market snapshot as of October 19, 2026 at 02:51 WIB. Of 50 major cryptocurrencies tracked, 4 rose and 45 declined. Among the notable movers, SUSHI traded at Rp3,691 (-6.77%, with 14% sell and 86% buy sentiment), COTI at Rp184 (-6.72%, 33% sell and 67% buy), and NEO at Rp38,302 (-6.52%, 82% sell and 18% buy).
The source material is limited to the liquidation figure and the market snapshot, and it does not identify the trader or the specific cause of the position closure.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.