Litecoin Price Jumps 3.82% to $64.39 Amid Short Position Liquidations

Litecoin (LTC) saw a significant surge in its spot price on Binance's LTC/USDT market, rising by 3.82% in just one hour to reach $64.39 at 10:50 p.m. ET Sept. 23 (2:50 a.m. UTC Sept. 24). This marked a notable move for the cryptocurrency.

The increase was recorded after Litecoin had been trading at $62.02 one hour earlier, indicating a rapid fluctuation in its value.

One-hour liquidation totals across Binance, Bybit, and OKX showed $70,000 in short positions closed with no long liquidations reported.