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Bitcoin Long Liquidations Reach $25.76 Million in One Hour

Total Bitcoin liquidations reached $25.77 million as the price fell 0.48% to $82,395.

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Metallic coin rests beside a red market marker / TokenPost.ai
Metallic coin rests beside a red market marker / TokenPost.ai

Bitcoin (BTC) long liquidations reached $25.76 million in the hour through 12:21 a.m. ET (04:21 UTC) on Oct. 8, as the cryptocurrency fell 0.48% to $82,395.

Total Bitcoin liquidations reached $25.77 million during the period. Short liquidations accounted for $10,000, leaving nearly all of the forced closures on long positions that were positioned for higher prices.

The tally combines public liquidation data collected from Binance, Bybit and OKX. It covers those three exchanges and does not represent the entire 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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