Bitcoin Shorts Account for $12.82 Million in One-Hour Liquidations

Bitcoin (BTC) rose 0.16% as $12.82 million in short positions were liquidated in the hour through 3:38 a.m. ET (07:38 UTC) Oct. 19. Short positions represented $12.82 million of the $12.84 million total. Long liquidations came to $20,000, making shorts almost all of the recorded activity during the interval. The tally covers public liquidation data across Binance, Bybit and OKX. The total is limited to those three exchanges and is not a market-wide figure. The timestamp marks the end of the one-hour measurement window.

Source: TokenPost