OKX Liquidates $2.38M Bitcoin Short Position At $82,580
According to Pluang, OKX executed a single liquidation event wiping out a $2.38 million Bitcoin short at the $82,580 price level.
According to Pluang, cryptocurrency exchange OKX recorded a single liquidation event involving a short position worth $2.38 million. The forced closure occurred as Bitcoin traded at $82,580.
Single Event Liquidation
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The sizeable short position liquidation highlights ongoing volatility and margin pressure for leveraged traders positioned against the asset at key price thresholds.
Key facts
- Exchange: OKX
- Position Type: Short
- Liquidated Value: $2.38 million
- Liquidation Price: $82,580
Source: news.google.com
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