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Bitcoin Long Liquidations Reach $12.24 Million in One Hour

The combined liquidations totaled $12.25 million as Bitcoin fell 0.95% to $83,180 across the same hour.

Mentioned assets
Gold cryptocurrency tokens lie scattered beside a red market marker / TokenPost.ai
Gold cryptocurrency tokens lie scattered beside a red market marker / TokenPost.ai

Bitcoin (BTC) long positions worth $12.24 million were liquidated in the hour through 11:33 a.m. ET (15:33 UTC) Sept. 29, as the asset’s price fell 0.95% to $83,180.

Total liquidations reached $12.25 million during the period. Long positions accounted for $12.24 million, while short positions accounted for $10,000.

The figures were collected and combined from publicly available liquidation data on Binance, Bybit and OKX. They cover those three exchanges only and do not represent the entire market.

Bitcoin traded at $83,976 at the start of the measured hour before falling to $83,180.

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