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Bitcoin Shorts Worth $215 Million Were Liquidated in One Hour

The total covered Bitcoin short positions, rather than positions across all digital assets.

Mentioned assets
A brass token pressed between the jaws of a steel vise / TokenPost.ai
A brass token pressed between the jaws of a steel vise / TokenPost.ai

Bitcoin (BTC) short positions worth about $215 million were liquidated in one hour in a short squeeze.

The $215 million figure measures the dollar value of positions liquidated during that hour, rather than a count of traders or a total spanning all digital assets.

The reported total is tied to Bitcoin and a single hour.

The liquidations involved Bitcoin short positions over a one-hour 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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