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Bitcoin Rises 0.59% as $13.96 Million in Short Positions Are Liquidated

The one-hour figures cover public liquidation data from Binance, Bybit and OKX through 7:16 a.m. ET on Oct. 5.

Mentioned assets
A Bitcoin coin rests beside a small stack of liquidation slips / TokenPost.ai
A Bitcoin coin rests beside a small stack of liquidation slips / TokenPost.ai

Bitcoin (BTC) rose 0.59% in the hour through 7:16 a.m. ET on Oct. 5 as $13.96 million in short positions were liquidated across Binance, Bybit and OKX.

The tally showed $13.96 million in short liquidations and $10,000 in long liquidations. Bitcoin’s price moved from $86,052 to $86,564 over the same hour.

The figures cover activity on those three exchanges and do not represent total liquidations across the cryptocurrency market.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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