Add as a preferred source on GoogleBitcoin Short Liquidations Reach $12.34 Million in One Hour
Bitcoin rose 1.07% to $83,456 during the hour through 7:48 a.m. ET on Oct. 9, as short positions accounted for nearly all liquidations tracked.
Bitcoin (BTC) short-position liquidations reached $12.34 million in the hour through 7:48 a.m. ET (11:48 a.m. UTC) on Oct. 9, as the cryptocurrency rose 1.07% to $83,456.
Total Bitcoin liquidations during the period reached $12.35 million. Short positions accounted for $12.34 million, while long-position liquidations totaled $10,000.
Bitcoin traded at $82,573 at the start of the one-hour period and climbed to $83,456 by the end, an increase of $883. The figures were collected and combined from public liquidation data on Binance, Bybit and OKX as of 7:48 a.m. ET (11:48 a.m. UTC) Oct. 9.
The tally covers those three exchanges and does not represent liquidations across the entire cryptocurrency market.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.