The crypto market plunged, with the largest single long liquidation valued at $26.64 million, and nearly $400 million in long liquidations across the entire network.

BlockBeats news, October 7th, the crypto market plunged rapidly this morning, with Bitcoin falling below 84,000 and now reported at $83,804.60, a 24-hour decline of 2.13%.

Affected by this, according to Coinglass data, nearly $410 million was liquidated across the network in the past hour, of which $398 million were long positions. The largest single long liquidation was worth $26.64 million, an Ethereum long position, and another Bitcoin long position worth $11.74 million was liquidated. Both liquidations occurred on the Binance platform.