Crypto Liquidations Reach $33.71 Million in One Hour, With 86% Long

Crypto traders had $33.71 million in positions liquidated across Binance, Bybit and OKX during the hour ending at 10:20 a.m. ET (14:20 UTC) Friday, Oct. 23, with long positions making up 86% of the total.

Long liquidations totaled $28.90 million and short liquidations totaled $4.81 million, across 4,873 liquidations. The figures cover the 60 minutes immediately before the cutoff and reflect a direct collection of public liquidation data from Binance, Bybit and OKX. They represent a three-venue total, not a marketwide figure.

Binance had $25.65 million in liquidations, the largest venue total. Bybit recorded $3.96 million and OKX $4.11 million. The largest coin-level amounts were $9.03 million for Bitcoin (BTC), $5.17 million for Ether (ETH) and $4.72 million for XAG.

Long positions made up 86% of the combined value, while short positions accounted for the balance. The venue and coin breakdowns cover the same one-hour reporting window, ending at the Oct. 23 cutoff.