Bitcoin Long Liquidations Reach $48.59 Million in One Hour

Bitcoin (BTC) saw $48.59 million in long positions liquidated over the hour ending at 10:27 p.m. ET on Oct. 14 (02:27 UTC on Oct. 15), as its price fell 0.83% during the same period.

The three-exchange tally totaled $50.39 million in liquidations, comprising $48.59 million in long positions and $1.8 million in short positions. The three-exchange total combines public liquidation data collected from Binance, Bybit and OKX and is not a marketwide total.

BTC's price moved from $81,582 to $80,902 during the hour, a decline of 0.83%. Long positions accounted for most of the reported liquidations, with short positions making up the remaining $1.8 million. The count is limited to Bitcoin and the three named exchanges, and it captures activity over one hour rather than a longer period. Bitcoin is the largest cryptocurrency by market capitalization. For reference, the UTC window ran from 01:27 to 02:27 on Oct. 15.