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Bitcoin Short Liquidations Reach $14.41 Million in One Hour

Short positions accounted for all reported Bitcoin liquidations across Binance, Bybit and OKX as BTC rose 1.02% to $84,700.

Mentioned assets
Gold coin beside a sharply rising market gauge / TokenPost.ai
Gold coin beside a sharply rising market gauge / TokenPost.ai

Bitcoin (BTC) short positions worth $14.41 million were liquidated in the hour ending at 8:38 a.m. ET (12:38 p.m. UTC) Sept. 30, while the cryptocurrency’s price rose 1.02% to $84,700.

The liquidations included $14.41 million in short positions and $0 million in long positions. Bitcoin traded at $83,848 at the start of the hour and reached $84,700 by the end.

The total covers public liquidation data across Binance, Bybit and OKX. The total covers those three exchanges and does not represent liquidations across the entire market.

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