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Bitcoin Traders Lose $26.19 Million in Short Liquidations in One Hour

Total Bitcoin liquidations reached $26.65 million as the asset rose 1.91% to $85,467.

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Brass cryptocurrency coin beside sharply angled market bars / TokenPost.ai
Brass cryptocurrency coin beside sharply angled market bars / TokenPost.ai

Bitcoin (BTC) short liquidations reached $26.19 million in the hour ending at 10:13 p.m. ET on Sept. 30, as the largest cryptocurrency by market capitalization climbed 1.91% to $85,467.

The total included $26.65 million in Bitcoin liquidations, with long positions accounting for $460,000. Bitcoin rose from $83,862 to $85,467 during the same one-hour period.

The figures cover public liquidation data from Binance, Bybit and OKX and do not represent the entire cryptocurrency market.

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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