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Bitcoin Short Liquidations Reach $14.2 Million in One Hour

Bitcoin rose 0.92% to $83,902 during the same hour, while total liquidations across the three exchanges reached $14.34 million.

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A polished cryptocurrency coin beside an unmarked exchange order ticket / TokenPost.ai
A polished cryptocurrency coin beside an unmarked exchange order ticket / TokenPost.ai

Bitcoin (BTC) short-position liquidations reached $14.2 million in the hour ending at 11:58 a.m. ET (15:58 UTC) Oct. 11, as the cryptocurrency rose 0.92% to $83,902.

The total liquidation tally for the period was $14.34 million. Long-position liquidations accounted for $140,000, while short positions made up the remaining $14.2 million.

The calculation covers public liquidation data from Binance, Bybit and OKX and represents those three exchanges only.

Bitcoin traded at $83,140 at the start of the hour and reached $83,902 by the end of the measurement period.

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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