Crypto
Bitcoin Longs Suffer $14M in Hourly Liquidations Amid Price Correction
On September 24th at around 4:52 AM ET, the Bitcoin market experienced a significant correction, resulting in long-position liquidations totaling $14.19 million within one hour.
The price of BTC dropped by 1.19% to $83,500 during this period, while it had started at $84,509 just before the decline.
The figures are based on publicly disclosed liquidation data from Binance, Bybit, and OKX exchanges only, representing a fraction of the entire market's activity.