Bitcoin Long Liquidations Reach $45.71 Million in One Hour
Total liquidations across Binance, Bybit and OKX reached $46.11 million as Bitcoin fell 1% to $83,876.
Bitcoin (BTC) long positions worth $45.71 million were liquidated in the hour ending at 10:58 p.m. ET Tuesday (02:58 UTC Wednesday), as the cryptocurrency fell 1% across the same period.
Total liquidations reached $46.11 million across Binance, Bybit and OKX, based on TokenPost’s direct collection and aggregation of the three exchanges’ public liquidation data. Short liquidations accounted for $400,000 of the total.
Bitcoin declined from $84,721 to $83,876 during the hour. The figures cover only the three exchanges and do not represent liquidations across the entire market.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.