Bitcoin near $81,000, derivatives volume drops 22.88% on October 24, 2026

1. BITCOIN NEAR $81,000, DERIVATIVES VOLUME DROPS 22.88%
Bitcoin hovered around $81,000 on Oct 24. TokenPost Market data at 04:59 KST showed BTC at $81,173.49, down 0.21% from the previous day, while ETH rose 0.33% to $2,390.86. Different exchanges reported slightly varying BTC prices: Gate listed $80,988.6 (-0.42%) at 06:47, Bitget showed $80,990.74 (-0.53%), while a New York market snapshot put BTC at $81,688.69 (+0.64%). Total crypto market cap stood at $2.7181 trillion, with 24-hour spot volume of $62.26669 billion. Notably, 24-hour derivatives volume reached $633.23064 billion, down 22.88% from the previous day, pointing to a cautious mood. BTC dominance was 60.03% (-0.07pp), ETH dominance 10.75% (+0.05pp). DeFi market cap was $81.62847 billion; stablecoin market cap $280.74074 billion.

2. BNB BUCKS THE TREND, SOLANA EDGES LOWER
BNB stood out with a 1.34% gain over 24 hours, making it the most notable altcoin in the 04:59 KST watchlist. Other majors were mixed: Solana slipped 0.06%, XRP fell 0.29%, Hyperliquid lost 0.53%, while Tron added 0.55% and Dogecoin rose 0.49%. This divergence suggests selective demand rather than broad risk appetite. Detailed altcoin price levels, including Solana, were not provided in the source data.

3. LIQUIDATIONS REACH $150 MILLION, COINBASE SHOWS SELL WALL AT $83,000
The top 20 assets saw $150.39 million in 24-hour liquidations, with long positions accounting for $107.40 million, or 71.41% of the total. BTC liquidations totaled $31.55 million and ETH liquidations $30.90 million. The tilt toward long liquidations indicates leveraged buyers were caught by the mild pullback. On Coinbase, order-book data showed a sell wall of about 106.39 BTC, roughly $8.83 million notional, placed at $83,000, about 2.38% above the mid price near $81,070 at 08:00 on Oct 24. Nearby sell-side orders totaled approximately $33.09 million versus $26.08 million on the buy side, creating short-term resistance.

4. KIMCHI PREMIUM REMAINS NARROW
At 00:00 KST on Oct 24, BTC on Upbit traded at 109.11 million KRW, up 0.19% from the previous day, while Binance showed 108.23 million KRW. The gap of 880,000 KRW represented a 0.81% kimchi premium. Premiums for ETH, SOL, XRP, DOGE and SUI were 0.85%, 0.90%, 0.82%, 0.97% and 0.88%, respectively. These narrow levels suggest muted retail enthusiasm in the Korean market.

5. DERIVATIVES AND THE $83,000 LEVEL REMAIN KEY
A 22.88% drop in derivatives volume to $633.23064 billion shows the market lacks clear momentum. Combined with the Coinbase sell wall at $83,000, this level may act as resistance in the near term. How price reacts if it approaches that zone, along with whether spot volume picks up, will be important signals.

Key thing to watch today: the $83,000 level on Coinbase, where a sell wall of roughly 106 BTC is placed, along with derivatives volume after the 22.88% drop.

*Thông tin tổng hợp mang tính tham khảo, không phải lời khuyên đầu tư.*