# Bitcoin Buy Wall Near $81,000 Is Pulled and Reposted Lower By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/29381 Published: 2026-10-10T04:14:25.000Z Updated: 2026-10-10T04:14:25.000Z Section: Investing > A roughly $50 million bid was canceled after Bitcoin approached $81,234 on Oct. 8, then reappeared at $77,888. Bitcoin’s roughly $50 million buy order near $81,000 was canceled after the market approached it on Oct. 8, removing a key source of bid support before the price later fell below that level. Bitcoin dropped to $81,281, only $47, or 0.058%, above the account’s $81,234 order. About three minutes later, the account canceled the full order and reposted a bid worth approximately $47.43 million at $77,888, moving its targeted entry price 4.1% lower. Bitcoin subsequently broke below the original order level and fell to $80,351 early Oct. 9. The order did not provide support at the original level. The $81,000-$81,500 range had shown a net buying advantage of about $21.3 million while the order remained in place. After its removal, that balance shifted to roughly $28.7 million in net selling pressure. The account made multiple rounds of opening and closing positions, recording about $5.98 million worth of cumulative net Bitcoin sales and approximately $166,000 in trading profits. Two previously tracked major participants also reduced profitable long positions, with one closing the position entirely. The move came as Bitcoin tested the [previously watched $81,000 support area](). ## Links in this article - [previously watched $81,000 support area](https://www.tokenpost.com/news/investing/28333)