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Bitcoin Shorts See $21.92 Million Liquidated in an Hour

Bitcoin rose 0.62% to $77,480 during the hour. The $22.97 million tally combines public liquidation data from Binance, Bybit and OKX.

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A gold Bitcoin token pushes through toppled black metal blocks / TokenPost.ai
A gold Bitcoin token pushes through toppled black metal blocks / TokenPost.ai

Bitcoin (BTC) had $21.92 million in short positions liquidated during the hour ending at 11:43 a.m. ET (15:43 UTC) Oct. 30, as its price rose 0.62%.

TokenPost collected and combined publicly available liquidation data from Binance, Bybit and OKX to produce the figures. The $22.97 million total covers those three exchanges only; it is not a marketwide count. Short positions made up $21.92 million of the total, compared with $1.05 million in long positions.

Across the same hour, Bitcoin moved from $77,000 to $77,480, a $480 gain. Short liquidations exceeded long liquidations by $20.87 million and accounted for about 95.4% of the three-exchange total.

The snapshot covers Bitcoin alone and the 60-minute period immediately before 11:43 a.m. ET. It pairs the 0.62% price increase with the much larger short-liquidation figure across Binance, Bybit and OKX. The exchange data does not represent the broader market. No other exchange liquidation data is included in the tally.

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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