Crypto Liquidations Reach $46.9 Million in One Hour, 91% Shorts

Crypto liquidations totaled $46.9 million across three exchanges during a 60-minute period ending Nov. 4, with short positions accounting for $42.75 million, or 91% of the total.

The figures combine public liquidation data collected from Binance, Bybit and OKX for the 60-minute period before the cutoff. The tally captured 4,903 liquidation events. Long positions accounted for $4.15 million.

Binance recorded $32.89 million in liquidations, followed by Bybit with $8 million and OKX with $6.01 million. Bitcoin (BTC) led by asset with $19.58 million, followed by Ether (ETH) at $13.76 million and Solana (SOL) at $2.85 million.

Short liquidations exceeded long liquidations by $38.60 million, more than 10 times the value of long liquidations. The tally covers only those three exchanges and does not represent the entire crypto market.