Bitcoin Short Positions See $13.49 Million Liquidated in One Hour

Bitcoin (BTC) short positions worth $13.49 million were liquidated in the hour ending 10:45 a.m. ET (14:45 UTC) Oct. 21, while Bitcoin's price gained 0.68% over the same period.

The combined amount for Bitcoin liquidations in that hour was $13.63 million. Short positions accounted for $13.49 million, compared with $140,000 in long positions. The two figures add to the reported total, with the short-side amount about 96 times the long-side amount.

Bitcoin's price moved from $83,682 to $84,252, a $570 rise. The tally combines public liquidation data across Binance, Bybit and OKX. It covers those three exchanges only and is not a marketwide total.

The count represents the 60 minutes leading up to the stated cutoff, not a daily liquidation total. Bitcoin is the largest crypto asset by market capitalization; shorts made up roughly 99% of the liquidations recorded in this one-hour snapshot.