Bitcoin experienced $10.1 million in liquidations within one hour ending 10:50 a.m. ET on Oct. 29, with short positions accounting for $9.55 million of that total. This surge in short liquidations occurred as Bitcoin's price rose by 0.91%, from $80,093 to $80,819, indicating traders betting against the price fell heavily. The data was collected from Binance, Bybit, and OKX exchanges and highlights the dominance of short-side liquidations during this price increase. This event underscores the volatility and rapid shifts in trader positions in the cryptocurrency market.
Bitcoin's recent $10.1 million in one-hour liquidations, predominantly shorts totaling $9.55 million, provides context for market volatility. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 30, 2026 02:41 WIB: out of 50 major cryptocurrencies, 11 rose and 37 fell. Notable movers include DOT at Rp17.922 with a 3.04% decline and 95% buy order activity, VET at Rp112 down 3.04% with 62% sell orders, and GRT at Rp399 down 2.90% with 58% sell orders.
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