Bitcoin Short Liquidations Hit $12.34M as Price Climbs to $83,456
Key Facts
Bitcoin short liquidations reached $12.34 million within a single hour, TokenPost reported. The cryptocurrency's price rose 1.07% to reach $83,456 during the tracked period, forcing traders with bearish bets to exit their positions as prices hit liquidation thresholds.
Data from Binance, Bybit, and OKX showed these liquidations occurred as the price climbed by $883 in the hour ending at 07:48 a.m. on October 9, 2026. In contrast, long-position liquidations totaled only $10,000 during the same timeframe.
Latest Updates · 3
- Notable·
Update: Bitcoin has recorded 10 days of unusually large price swings during 2026. This frequency of extreme volatility now surpasses the levels seen throughout 2018, highlighting the increased scale of price movements in the current year.
- Notable·
Update: These movements coincided with a sharp decline in global market activity, as Bitcoin trading volumes fell by 51% in Asia and 10% in the U.S. on October 10, 2026. Net exchange inflows remained flat at 0 BTC, indicating a neutral flow of assets despite the recent price volatility.
- Notable·
Update: Immediate selling pressure eased as Bitcoin transfers from short-term holders to exchanges dropped by 66% on October 9, 2026. These inflows reached approximately 11,000 BTC, down from a previous peak of 32,000 BTC, suggesting a shift toward holding following the recent liquidation event.