Crypto Liquidations Hit $48.72 Million in One Hour, 95% Long

Crypto liquidations totaled $48.72 million across Binance, Bybit and OKX in the hour ending at 5:49 p.m. ET Monday (21:49 UTC), with long positions accounting for $46.22 million of the total.

The tally covered 10,005 liquidation events and was compiled from publicly available liquidation data collected from the three exchanges. Short liquidations totaled $2.5 million, leaving longs responsible for about 95% of the combined figure.

Binance recorded the largest share at $33.65 million. OKX followed with $8.54 million, while Bybit posted $6.53 million.

By asset, Ether (ETH) led with $11.16 million in liquidations. Bitcoin (BTC) followed at $5.74 million, and NEAR recorded $4.58 million. The figures cover only the three exchanges included in the tally, rather than the full crypto market.