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Crypto Liquidations Reach $49.43 Million in One Hour, 91% From Long Positions

The three-exchange tally counted 6,873 liquidation cases, including $44.95 million in long positions and $4.48 million in shorts.

Mentioned assets
Unmarked metal tokens spill from a tilted balance scale / TokenPost.ai
Unmarked metal tokens spill from a tilted balance scale / TokenPost.ai

A one-hour tally of crypto liquidations across Binance, Bybit and OKX reached $49.43 million by 5:30 p.m. ET (21:30 UTC) Oct. 17, with long positions accounting for 91% of the total.

Long-position liquidations totaled $44.95 million, compared with $4.48 million in short-position liquidations. The count included 6,873 liquidation cases over the hour. The long total was roughly 10 times the short amount, consistent with its 91% share of the total.

TokenPost's tally combines publicly available liquidation figures collected directly from the three exchanges. Binance accounted for $43.75 million of the combined amount, while Bybit contributed $2.19 million and OKX $3.49 million. The total is limited to those venues and does not represent the entire crypto market.

By asset, Ether (ETH) had the largest reported liquidation amount at $8.82 million. SNDK followed with $4.77 million, and Bitcoin (BTC) recorded $4.14 million. Together, those three assets accounted for $17.73 million of liquidation activity in the one-hour tally.

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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