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Bitcoin Long Liquidations Reach $10.36 Million in One Hour

Total Bitcoin liquidations reached $10.37 million as the price fell 0.45% to $83,107.

Mentioned assets
Metal cryptocurrency coin beside a downward market marker / TokenPost.ai
Metal cryptocurrency coin beside a downward market marker / TokenPost.ai

Bitcoin (BTC) saw $10.36 million in long positions liquidated in the hour ending at 1:27 a.m. ET (05:27 UTC) Sept. 28, as the asset’s price fell 0.45% to $83,107.

Total Bitcoin liquidations reached $10.37 million during the period. Short-position liquidations accounted for $20,000, leaving nearly all of the activity concentrated among traders positioned for higher prices.

The figures are TokenPost’s tally of publicly disclosed liquidation data collected from Binance, Bybit and OKX. They cover those three exchanges only and do not represent the full market.

Bitcoin traded at $83,480 at the start of the one-hour period before declining to $83,107. The liquidation data captures forced position closures during the price move and does not establish a cause for the decline.

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