Bitcoin Sees $10.51 Million in Short Liquidations in One Hour

Bitcoin (BTC) had $10.51 million in short positions liquidated during the hour ending 12:24 p.m. ET Nov. 11 (17:24 UTC), while its price rose 0.38%, in TokenPost's three-exchange tally.

The total combines publicly available liquidation figures for Binance, Bybit and OKX. It covers those three exchanges only, rather than the entire crypto market. The hour ran from 11:24 a.m. to 12:24 p.m. ET (16:24-17:24 UTC).

Short positions accounted for $10.51 million of the $10.52 million aggregate. Long liquidations totaled $10,000, making up the remaining amount. The split shows the recorded liquidations were overwhelmingly on the short side during the measured hour.

Bitcoin opened the period at $74,286 and finished at $74,565, a $279 rise matching the reported 0.38% increase. The figures provide a one-hour snapshot of BTC price action and liquidation activity on the three exchanges.