Add as a preferred source on GoogleBitcoin Sees $11.6 Million in Long Liquidations in One Hour
The three-exchange tally showed no short liquidations as BTC fell 0.66% in the same hour.
Bitcoin (BTC), the largest cryptocurrency by market capitalization, had $11.6 million in long positions liquidated during the hour ending 10:04 p.m. ET Nov. 2 (03:04 UTC Nov. 3). TokenPost combined public liquidation figures from Binance, Bybit and OKX for the tally.
The reading covers those three exchanges, not the broader market. Long liquidations accounted for the full $11.6 million, while short liquidations totaled $0 for BTC during the same period. The measured hour ran from 9:04 to 10:04 p.m. ET Nov. 2.
Bitcoin’s price moved from $77,090 at the start of that hour to $76,584 at the end, a $506 decrease and a 0.66% decline. Both price points align with the liquidation tally’s one-hour observation window.
The dollar amount is a combined reading from the three named exchanges, not an estimate for all Bitcoin trading or the entire cryptocurrency market.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.