Add as a preferred source on GoogleBitcoin Long Liquidations Reach $40.93 Million in One Hour
BTC fell from $63,695 to $62,647 during the hour. The three-exchange tally recorded $1.17 million in short liquidations.
Bitcoin (BTC) fell 1.64% in the hour ending at 8:32 p.m. ET Nov. 14 (01:32 UTC Nov. 15), as $40.93 million in long positions were liquidated on Binance, Bybit and OKX.
TokenPost’s tally combined public liquidation data collected from Binance, Bybit and OKX. It recorded $42.10 million in total liquidations during that hour: $40.93 million in long positions and $1.17 million in short positions. The long and short amounts make up the full three-exchange total.
BTC was priced at $63,695 at the start of the interval and $62,647 at its end, a $1,048 decrease. The 1.64% price decline and the liquidation figures cover the same one-hour window ending at 8:32 p.m. ET.
The tally is limited to Binance, Bybit and OKX, so it is not a market-wide liquidation total. Within that sample, long-position liquidations were much larger than short-position liquidations, while BTC ended the hour below its starting price. The cutoff time for the tally was 8:32 p.m. ET.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.