Bitcoin Short Positions See $13.49 Million Liquidated in One Hour
Photo: TokenPost
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.
Source: TokenPost
