Bitcoin Long Liquidations Hit $16.18 Million in One Hour as Price Falls

Bitcoin (BTC) long positions worth $16.18 million were liquidated in the hour ending at 9:16 p.m. ET Oct. 19 (01:16 UTC Oct. 20), as its price fell 0.58%. Public liquidation records from Binance, Bybit and OKX were collected and combined. The three-exchange tally showed $16.18 million in total Bitcoin liquidations, all in long positions, and $0 in short liquidations. It covers those exchanges during that hour, not the entire market. The measured period ran from 8:16 p.m. to 9:16 p.m. ET Oct. 19 (00:16 to 01:16 UTC Oct. 20). Bitcoin moved from $81,765 to $81,294 over that period, a $471 decline. The price change and liquidation total cover the same one-hour window. Bitcoin is the largest crypto asset by market capitalization.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.