Bitcoin Long Positions Liquidated at $59.66 Million in One Hour

Bitcoin (BTC) saw $59.66 million in long positions liquidated between 3:38 a.m. and 4:38 a.m. on September 16, according to data collected by TokenPost from Binance, Bybit, and OKX. Short position liquidations during the same period totaled $4.76 million, bringing the total liquidation volume to $64.42 million (approximately 86.8 billion KRW). The data covers only publicly available information from these three exchanges, with the reference time set at 4:38 a.m. on September 16. During this hour, Bitcoin's price fell from $76,344 to $75,895, a decline of $449 or 0.59%.