Bitcoin Drops 1.26% in One Hour to $80,624 as Long Liquidations Reach $6.73M

Bitcoin (BTC) fell 1.26% in one hour to $80,624 at 1:52 a.m. ET (05:52 UTC) Oct. 15, while long liquidations across Binance, Bybit and OKX totaled $6.73 million.

TokenPost calculated the spot-price measure from public exchange quotes it collected directly. The current reading was Binance's BTC/USDT spot price, compared with $81,653 one hour earlier. The difference between those quotes was $1,029, or 1.26%.

Over the same hour, TokenPost's totals from Binance, Bybit and OKX recorded $6.73 million in long liquidations and $90,000 in short liquidations. The long-liquidation amount was substantially larger than the short total.

Bitcoin ranked first among crypto assets by market capitalization, with an estimated value of about $1.628 trillion. The price and liquidation figures reflect different measures: the $80,624 figure is a Binance spot-pair quote, while the liquidation amounts are combined across three exchanges. Both cover the hour ending with the 1:52 a.m. ET reading on Oct. 15.