Add as a preferred source on GoogleCrypto Traders See $38.68 Million Liquidated in One Hour, 97% From Longs
TokenPost’s three-exchange tally covered 9,727 liquidations, with Binance accounting for $28.49 million.
Cryptocurrency traders saw $38.68 million in liquidations across Binance, Bybit and OKX in the hour through 10:22 p.m. ET Wednesday (02:22 UTC Thursday), with long positions accounting for 97%.
Long positions made up $37.45 million of the total, while short positions accounted for $1.23 million. The tally included 9,727 liquidations over the one-hour period. The amount of long liquidations was roughly 30 times that of short liquidations.
The venue breakdown was $28.49 million on Binance, $7.92 million on Bybit and $2.28 million on OKX. By asset, Ether (ETH) recorded the largest liquidation total at $9.16 million, followed by Bitcoin (BTC) at $7.09 million and Zcash (ZEC) at $2.26 million.
The figure is TokenPost’s own aggregation of public liquidation data collected from the three exchanges for the hour ending at 10:22 p.m. ET. It covers Binance, Bybit and OKX only and is not a market-wide total for the hour.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.