Add as a preferred source on GoogleBitcoin Rises 1.76% in One Hour to $81,361 on Binance Spot
Short liquidations totaled $9.55 million across Binance, Bybit and OKX during the same hour; BTC was up 1.01% over 24 hours.
Bitcoin (BTC) climbed 1.76% in one hour to $81,361 on Binance spot BTC/USDT at 10:40 a.m. ET Thursday (14:40 UTC). The quote was recorded at 11:40 p.m. KST on Oct. 29, leaving BTC above $80,000.
The same pair was at $79,950 an hour earlier, a $1,411 increase over the measured window. BTC was up 1.01% from 24 hours earlier at the observation time, so its hourly gain outpaced its daily change.
Across Binance, Bybit and OKX, liquidations during that hour totaled $9.55 million in short positions and $40,000 in long positions. A liquidation is a forced closure of a leveraged position after a trader cannot meet margin requirements. Short positions bet on price declines; long positions bet on gains.
The price figure tracks one Binance spot pair, while the liquidation total combines three exchanges over the same one-hour interval.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.