# Binance Liquidates $11.96m Bitcoin Short

> Binance liquidates $11.96m Bitcoin short at $83,276.
- Title: Binance Liquidates $11.96m Bitcoin Short · TokenPost
- Summary: Binance liquidates $11.96m Bitcoin short at $83,276. Binance liquidated a $11.96 million Bitcoin short position at $83,276 on Oct. 20.
- Keywords: binance, bitcoin, short position, liquidation, perpetual futures, btc, crypto, finance, Liquidates, 96m, Short, TokenPost
- Source: TokenPost — https://tokenpost.com/news/investing/36107
- Published: 2026-10-20T23:34:01+00:00
- Read time: 1 min
- Topics: binance, bitcoin, short position, liquidation, perpetual futures, btc, crypto, finance
## Binance Liquidation Event
Binance liquidated a $11.96 million short position in Bitcoin at $83,276 on Oct. 20.
## What is a Short Position?
A short position gains value when an asset's price falls, and liquidation forces a position to close.
## Market Context
This single position was recorded on Binance's BTC perpetual futures market, not a combined total for other markets.
## Key takeaway

Binance liquidated a $11.96 million Bitcoin short position at $83,276 on Oct. 20.