TOKENPOST
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Crypto Liquidations Reach $57.99 Million in One Hour, With Shorts at 98%

TokenPost’s tally covered public liquidation data from Binance, Bybit and OKX through 12:21 a.m. ET on Oct. 2.

By Enna Lee
Published
Mentioned assets
An empty exchange floor under cool fluorescent lights before dawn / TokenPost.ai
An empty exchange floor under cool fluorescent lights before dawn / TokenPost.ai

Crypto liquidations totaled $57.99 million in the hour ending at 12:21 a.m. ET (04:21 UTC) on Oct. 2, with short positions making up 98% of the total in TokenPost’s three-exchange tally.

The tally combined publicly available liquidation data from Binance, Bybit and OKX. It counted 2,636 liquidation events: $57.01 million in short positions and $990,000 in long positions.

Binance recorded $42.69 million in liquidations, followed by Bybit at $9.36 million and OKX at $5.94 million. By asset, Bitcoin (BTC) led with $45.96 million, while Ether (ETH) had $6.35 million and Solana (SOL) had $2.92 million.

The figures cover those three exchanges only and are not a marketwide total.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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