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Crypto Liquidations Reach $37.02 Million in One Hour, Longs Make Up 97% of Value

The tally covered 6,578 liquidations across Binance, Bybit and OKX. Bitcoin (BTC) accounted for $18.25 million.

Mentioned assets
Unmarked metal discs crowd the lower pan of a tilted balance / TokenPost.ai
Unmarked metal discs crowd the lower pan of a tilted balance / TokenPost.ai

Crypto liquidations totaled $37.02 million over the hour ending at 2:53 p.m. ET Friday, with long positions accounting for 97% of the liquidation value.

TokenPost directly collected and combined public liquidation data from Binance, Bybit and OKX for the hour ending at 2:53 p.m. ET (18:53 UTC) on Oct. 30. The count was 6,578 liquidations: $35.74 million in long positions and $1.28 million in short positions.

Binance recorded $26.97 million of the total, followed by Bybit at $5.25 million and OKX at $4.80 million. Bitcoin (BTC) accounted for the largest asset total at $18.25 million. Ether (ETH) was next at $1.80 million, followed by SOXL at $1.64 million.

Bybit and OKX combined for $10.05 million in liquidations during the same hour. Bitcoin's liquidation value was just under half of the three-exchange total. The figures cover only Binance, Bybit and OKX, so they are not a market-wide liquidation 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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