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Bitcoin Climbs 2.83% in an Hour as Short Liquidations Reach $18.27 Million

The three-exchange tally reached $18.43 million, including $160,000 from long positions. It covers Binance, Bybit and OKX only.

Updated 1 min read
Anonymous hands check a cryptocurrency market app in a Manhattan apartment before dawn. / TokenPost.ai (mono)
Anonymous hands check a cryptocurrency market app in a Manhattan apartment before dawn. / TokenPost.ai (mono)

Bitcoin (BTC) rose 2.83% in a one-hour window early Sunday as short positions were forcibly closed across three exchanges, offering a snapshot of leveraged trading pressure in the global crypto market.

The price moved from $64,007 at 3:07 a.m. ET to $65,821 at 4:07 a.m. ET Sunday, Nov. 15 (08:07 to 09:07 UTC), an increase of $1,814.

Public liquidation figures from Binance, Bybit and OKX put the combined total at $18.43 million. Short-side liquidations made up about 99% of that amount, at $18.27 million; long positions accounted for $160,000.

The tally covers those three exchanges and does not represent the wider market. A separate EconoTimes hourly snapshot recorded $12.82 million in short liquidations during a different hour, when Bitcoin rose 0.16%.

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