On Thursday, nearly $1 billion in positions were liquidated across the market in a single day. Today, that figure is down to just $315 million—nearly a 70% drop—while BTC fell only 0.7%, still holding above $81,000.
Here are a few figures from today:
1. About $315 million in liquidations across the market over 24 hours, just a third of the October 15 peak;
2. BTC is trading at around $81,480, down 0.7% over 24 hours, after dipping to a low of $80,760 intraday;
3. 24-hour trading volume is $25.88 billion, down 22.4% from the previous period;
4. The Fear & Greed Index has fallen from 63 to 55, back in neutral territory.
My take: The sharp drop in liquidations suggests that panic-driven forced selling has mostly run its course. But trading volume has also shrunk by more than a fifth—which shows that nobody in the market is in a hurry to act. Both bulls and bears are waiting. The low-volume, grinding weekend market is the most nerve-racking: chase a rally and you risk getting stuck at the top; sell off and you risk missing the rebound. For ordinary investors, liquidation data can actually be more useful than prices: when liquidations surge again, it’s often a sign that a market shift is approaching.
Data as of: 2026-10-17 07:10 UTC
Sources: cryptotimes.io; coingabbar.com
For informational purposes only; not investment advice.
Which worries you more: missing out or getting stuck holding the bag? $BTC $ETH
Here are a few figures from today:
1. About $315 million in liquidations across the market over 24 hours, just a third of the October 15 peak;
2. BTC is trading at around $81,480, down 0.7% over 24 hours, after dipping to a low of $80,760 intraday;
3. 24-hour trading volume is $25.88 billion, down 22.4% from the previous period;
4. The Fear & Greed Index has fallen from 63 to 55, back in neutral territory.
My take: The sharp drop in liquidations suggests that panic-driven forced selling has mostly run its course. But trading volume has also shrunk by more than a fifth—which shows that nobody in the market is in a hurry to act. Both bulls and bears are waiting. The low-volume, grinding weekend market is the most nerve-racking: chase a rally and you risk getting stuck at the top; sell off and you risk missing the rebound. For ordinary investors, liquidation data can actually be more useful than prices: when liquidations surge again, it’s often a sign that a market shift is approaching.
Data as of: 2026-10-17 07:10 UTC
Sources: cryptotimes.io; coingabbar.com
For informational purposes only; not investment advice.
Which worries you more: missing out or getting stuck holding the bag? $BTC $ETH