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Crypto Traders Face $30.87 Million in Liquidations, 93% Long

Long positions accounted for $28.64 million of the total across Binance, Bybit and OKX in the hour ending at 10:49 a.m. ET.

Mentioned assets
Metal tokens beside a sharply tilted market risk gauge / TokenPost.ai
Metal tokens beside a sharply tilted market risk gauge / TokenPost.ai

Crypto traders saw $30.87 million in positions liquidated across Binance, Bybit and OKX in the hour ending at 10:49 a.m. ET (14:49 UTC) Oct. 12, with long positions accounting for 93% of the total.

Long liquidations reached $28.64 million, while short liquidations totaled $2.23 million across 7,201 positions. The figures cover public liquidation data from the three exchanges and do not represent the full market.

Binance recorded the largest share at $23.37 million. OKX followed with $4.74 million, while Bybit posted $2.76 million in liquidations.

Ether (ETH) led by asset at $5.7 million in liquidations, followed by Solana (SOL) at $4.16 million and Bitcoin (BTC) at $2.62 million.

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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