Bitcoin Cash Surges 3.13% to $343 Amid Short Liquidation Frenzy
Bitcoin Cash (BCH) experienced a surge in price on September 27 at 2:12 a.m. ET (06:12 UTC), rising 3.13% to $343 on Binance's BCH/USDT spot market.
This increase came after a climb from $332 over the preceding hour, and marked a 1.42% gain over the past 24 hours.
The short liquidations totaled $170,000 across Binance, Bybit, and OKX during this one-hour period, while long liquidations were minimal at $0.