Bitcoin Short Liquidations Reach $35.49 Million in One Hour

Bitcoin (BTC) saw $35.49 million in short positions liquidated during the hour ending 11:15 a.m. ET Wednesday (15:15 UTC), while its price rose 0.92% over the same period. The one-hour window ended at 12:15 a.m. KST on Oct. 22, equivalent to 11:15 a.m. ET on Oct. 21 (15:15 UTC), and includes activity from the preceding 60 minutes. Total liquidations reached $35.57 million, including $35.49 million in short positions and $70,000 in long positions. Bitcoin moved from $83,886 to $84,654 over that same hour, a 0.92% gain. The price increase and liquidation figures cover the same one-hour interval. Bitcoin is the largest cryptocurrency by market capitalization. The tally covers liquidation activity on the three exchanges only, so it is a snapshot rather than a marketwide total.

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