‘Say hi to Uptober’ — Bitcoin price surges above $47K in minutes, liquidating $270M in shorts By Cointelegraph
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BTC) shot to nearly $48,000 during Oct. 1 as a classic “short squeeze” liquidated over $270 million of crypto positions in under an hour.1-hour candlechart (Bitstamp). TradingView
Cointelegraph Markets ProAnd TradingViewBitstamp showed that BTC/USD hit $47,800, and that it jumped $3,000 within minutes.BTC liquidations 1-hour chart. Source: Bybt
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