Add as a preferred source on GoogleBitcoin Rises 2.25% in Four Hours to $80,430 on Binance Spot
TokenPost’s Binance spot calculation puts BTC at $80,430 at 10:50 a.m. ET. One-hour liquidations across three exchanges totaled $94.95 million, led by short positions.
Bitcoin (BTC) climbed 2.25% in four hours to $80,430 at 10:50 a.m. ET (15:50 UTC) Nov. 4, based on TokenPost’s calculation from Binance spot BTC/USDT prices.
The latest reading was $1,767 above the price four hours earlier. Over the separate 24-hour window, BTC gained 3.60%. The four-hour and daily percentages are measured against different starting prices, so they should not be added together.
Bitcoin liquidations on Binance, Bybit and OKX totaled $94.95 million during the same one-hour period, based on TokenPost’s aggregation of the exchanges’ figures. Short positions accounted for $90.3 million, compared with $4.65 million for long positions. The short liquidation value was about 19 times the long total.
Bitcoin ranked as the largest crypto asset by market capitalization, with a value of about $1.611 trillion at the time. The price and liquidation readings provide two views of the market: spot trading placed BTC at $80,430, while liquidations were concentrated in short positions.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.