Bitcoin Drops Below $82,000 as Long Liquidations Reach $406 Million
Bitcoin fell below $82,000 on Monday evening as crypto liquidations totaled nearly $489 million over 24 hours, mostly affecting bullish positions.
Bitcoin dropped below $82,000 on Monday evening, Oct. 12, 2026, amid a broader cryptocurrency market decline, according to Bitcoin.com News.
Nearly $489 million in leveraged crypto positions were liquidated over the preceding 24 hours. Long positions, which wager on rising prices, accounted for about $406 million, or more than 83% of the total.
The report put the number of traders affected at roughly 118,000. The liquidation figures covered the crypto market rather than bitcoin positions alone.
Source: Bitcoin.com News
