On October 21, $BTC climbed back above about $84,000, with the price on Binance briefly reaching around $84,898. According to Coinglass, about $243 million worth of positions across the crypto market were liquidated over the past 24 hours. Short positions (bets on prices falling) accounted for about $188 million—nearly 80% of the total—and around 71,223 traders were liquidated. Bitcoin alone saw about $78.42 million in liquidations, nearly 94% of them from shorts; Binance accounted for roughly 40% of liquidations on centralized exchanges. The largest single liquidation was an $8.74 million $ETH short on Binance.
As of 8:57 a.m. on October 22 (UTC+8), BTCUSDT on Binance was still hovering around $84,250, up about 1.4% over 24 hours; $ETH was around $2,475. When prices spike upward, shorts are forced to buy back their positions, which can push prices up further—a feedback loop that played out on Wednesday. In the short term, prices are still seesawing around the $84,000–$85,000 range.
#BTC #ETH #行情 does not constitute investment advice.
As of 8:57 a.m. on October 22 (UTC+8), BTCUSDT on Binance was still hovering around $84,250, up about 1.4% over 24 hours; $ETH was around $2,475. When prices spike upward, shorts are forced to buy back their positions, which can push prices up further—a feedback loop that played out on Wednesday. In the short term, prices are still seesawing around the $84,000–$85,000 range.
#BTC #ETH #行情 does not constitute investment advice.