Bitcoin Falls 6% in 24 Hours as BTC Futures Liquidations Near $913 Million

Bitcoin (BTC) traded below $70,000 early Friday after falling 6.01% in 24 hours, while BTC futures liquidations reached $912.53 million in the same rolling window.

At 2:18 a.m. ET (0718 UTC) Nov. 13, BTC stood at $69,071.8. Its listed 24-hour range was $67,449 to $73,659.4. The price was below $70,000 at the snapshot, after reaching the range’s low during the period.

The liquidation total covered BTC futures positions alone, not the entire crypto market. Long positions accounted for $870.24 million, while short positions made up $42.29 million. Liquidation totals cover the most recent 24 hours, so they change as the measurement window advances.

Marketwide liquidation figures in earlier coverage used different snapshots and are not directly comparable with this BTC-only total. This snapshot gives BTC’s price and futures liquidation split at 2:18 a.m. ET.