Bitcoin Shorts See $21.92 Million Liquidated in an Hour

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.

Source: TokenPost