Crypto Liquidations Reach $988.8 Million as Longs Account for 93%

Crypto liquidations totaled $988.8 million in the 24 hours through 7:02 p.m. ET Saturday, Nov. 14 (00:02 UTC Nov. 15), with long positions accounting for 93% of the tally across Binance, Bybit and OKX.

Long liquidations reached $920.2 million, compared with $68.6 million in short liquidations. The period included 166,439 orders.

Binance recorded $659 million in liquidations. Bybit followed with $195.9 million, and OKX had $133.9 million.

Bitcoin (BTC) led liquidations by asset at $299.9 million, followed by Ether (ETH) at $264.8 million and Solana (SOL) at $69.6 million. XRP reached $42 million, Hyperliquid (HYPE) totaled $37.4 million, and Zcash (ZEC) had $26.2 million.

Long positions accounted for $268.8 million of Bitcoin liquidations and $247.5 million of Ether liquidations; shorts made up $31.1 million and $17.3 million, respectively. Solana had $66.5 million in long liquidations and $3.1 million in shorts. XRP recorded $41.2 million in long liquidations and $815,921 in shorts. Hyperliquid's split was $36.9 million to $490,194, while Zcash's was $21.3 million to $4.9 million.

An earlier 24-hour liquidation tally totaled $804.2 million for the period ending Oct. 8.

The largest single liquidation was a $16.2 million Ether long position on Binance at 3:54 p.m. ET Nov. 14. A liquidation is the forced closure of a trading position.