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Crypto Liquidations Total $52.23 Million Across Three Exchanges in One Hour

Long positions made up 51% of the total, and TokenPost counted 21,308 liquidation events across Binance, Bybit and OKX.

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Three metal gates stand open beside scattered silver tokens / TokenPost.ai
Three metal gates stand open beside scattered silver tokens / TokenPost.ai

Crypto traders saw $52.23 million in liquidations across Binance, Bybit and OKX in the hour ending at 4:25 a.m. ET (08:25 UTC) Saturday, Oct. 24, with long positions accounting for 51%.

TokenPost collected and combined public liquidation figures from the three exchanges, counting 21,308 liquidation events during the hour. Long positions accounted for $26.64 million, while short positions totaled $25.60 million. The count measures liquidation events, while the dollar figures measure their value. Because the tally covers only Binance, Bybit and OKX, it is not a marketwide total.

Binance recorded $45.13 million in liquidations, compared with $3.54 million on Bybit and $3.57 million on OKX. Across individual assets, IRYS led with $8.66 million, followed by Bitcoin (BTC) at $6.85 million and Ether (ETH) at $3.46 million. The exchange and asset figures are separate breakdowns of the same one-hour snapshot.

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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