Crypto Liquidations Reach $31.21 Million in One Hour, With Longs at 63%

Crypto trading venues recorded $31.21 million in liquidations during the hour ending 11:15 a.m. ET (16:15 UTC) Nov. 4, or 1:15 a.m. KST Nov. 5, with long positions making up 63% of the total.

TokenPost collected and combined publicly available liquidation data from Binance, Bybit and OKX for the hour from 10:15 to 11:15 a.m. ET (15:15 to 16:15 UTC). The tally counted 5,118 liquidations: $19.64 million in long positions and $11.57 million in shorts. It covers those three exchanges and is not a marketwide total.

Binance recorded $22.60 million, Bybit $2.97 million and OKX $5.65 million in liquidations. The ticker breakdown listed Bitcoin (BTC) at $9.12 million, Ether (ETH) at $5.73 million and SOXL at $4.58 million. Exchange and ticker totals are separate breakdowns of the reported hour.

Long liquidations exceeded short liquidations by $8.07 million, based on the reported side totals. The 63% share reflects rounding to a whole percentage.