Ether Short Liquidations Hit $27.21 Million in One Hour

Ether (ETH) traders betting on a decline had $27.21 million in short positions liquidated across three exchanges in the hour ending at 8:02 p.m. ET Oct. 20 (00:02 UTC Oct. 21). The tally combines public liquidation records that TokenPost collected from Binance, Bybit and OKX. Liquidations across those exchanges totaled $28.31 million during the hour, including $1.10 million in long positions. The total covers those three exchanges rather than the entire crypto market. Ether rose from $2,419 to $2,462 over the same hour, a gain of 1.80%.

Source: TokenPost