1 min read
Add as a preferred source on Google

Bitcoin Long Liquidations Reach $31.86 Million in One Hour

The three-exchange tally totaled $33.27 million as BTC fell 0.56%, from $76,782 to $76,349.

Mentioned assets
A brass token slips from a tilted steel balance pan / TokenPost.ai
A brass token slips from a tilted steel balance pan / TokenPost.ai

Bitcoin (BTC) long positions worth $31.86 million were liquidated in the hour ending 10:30 p.m. ET Nov. 3, as the cryptocurrency's price fell 0.56% over the same period.

The combined liquidation figure for the hour was $33.27 million across Binance, Bybit and OKX. Short liquidations totaled $1.4 million, alongside the $31.86 million in long positions. The measurements refer to a single 60-minute interval ending at the stated cutoff.

BTC's price moved from $76,782 at the beginning of that hour to $76,349 at the end. BTC fell 0.56% from $76,782 to $76,349 during the liquidation window.

TokenPost compiled the totals from publicly available liquidation data from Binance, Bybit and OKX. The tally is exchange-specific: it covers those three platforms and does not represent total liquidation activity across the broader crypto market. No other exchanges are included in this one-hour snapshot. Bitcoin is the largest cryptocurrency by market capitalization.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…