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Bitcoin Long Liquidations Hit $16.18 Million in One Hour as Price Falls

Bitcoin fell 0.58% to $81,294 over the same hour. The liquidation tally covers Binance, Bybit and OKX.

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An unmarked copper token tips over a black stone edge. / TokenPost.ai
An unmarked copper token tips over a black stone edge. / TokenPost.ai

Bitcoin (BTC) long positions worth $16.18 million were liquidated in the hour ending at 9:16 p.m. ET Oct. 19 (01:16 UTC Oct. 20), as its price fell 0.58%.

Public liquidation records from Binance, Bybit and OKX were collected and combined. The three-exchange tally showed $16.18 million in total Bitcoin liquidations, all in long positions, and $0 in short liquidations. It covers those exchanges during that hour, not the entire market.

The measured period ran from 8:16 p.m. to 9:16 p.m. ET Oct. 19 (00:16 to 01:16 UTC Oct. 20). Bitcoin moved from $81,765 to $81,294 over that period, a $471 decline. The price change and liquidation total cover the same one-hour window.

Bitcoin is the largest crypto asset by market capitalization. The figures capture liquidations recorded on the three named exchanges through the 9:16 p.m. ET cutoff; trading venues outside that group are not included in the total.

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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