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Crypto Liquidations Hit $30.85 Million in One Hour, With Longs at 93%

The tally covered 4,655 liquidations across Binance, Bybit and OKX in the hour ending at 9:48 a.m. ET.

Mentioned assets
A tilted metal balance scale holds markers on one pan / TokenPost.ai
A tilted metal balance scale holds markers on one pan / TokenPost.ai

Crypto traders recorded $30.85 million in liquidations in the hour ending at 9:48 a.m. ET (13:48 UTC) Oct. 30, including $28.67 million in long positions, which represented 93% of the total.

TokenPost's tally combined public liquidation data collected from Binance, Bybit and OKX for the preceding hour. It counted 4,655 liquidations across those three exchanges; the figure is not a marketwide total.

Binance accounted for $24.87 million, compared with $4.31 million on OKX and $1.67 million on Bybit. Short liquidations totaled $2.18 million, less than one-tenth of the amount from long positions.

Bitcoin (BTC) led the asset breakdown with $7.73 million in liquidations. XAU ranked next at $4.46 million, ahead of Ether (ETH) at $3.63 million.

Long positions are bets that an asset's price will rise, while short positions are bets on a decline. The figures show substantially more long-side than short-side liquidations by dollar value during the one-hour window.

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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