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Bitcoin Drops 3.47% in Four Hours to $76,198 on Binance Spot

BTC was down 5.26% over 24 hours, while long liquidations topped shorts across three exchanges in the matching one-hour period.

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A gold token rests at the base of a dark metal incline / TokenPost.ai
A gold token rests at the base of a dark metal incline / TokenPost.ai

Bitcoin (BTC) traded at $76,198 on Binance’s BTC/USDT spot market at 1:40 p.m. ET (18:40 UTC) Nov. 5, down 3.47% in the previous four hours. The price was $78,936 four hours earlier, a $2,738 decline per bitcoin. The figures come from a direct collection of Binance spot prices.

BTC’s 24-hour change was -5.26%, based on comparison with its price a day earlier. The four-hour and 24-hour percentages cover different windows, and both were negative at the time of the snapshot.

Bitcoin liquidations on Binance, Bybit and OKX totaled $3.45 million during the corresponding one-hour period. Long positions accounted for $2.98 million of that amount, while short positions accounted for $470,000. The long liquidation value was about 6.3 times the short total.

The 24-hour figure spans the full day ending at the same observation time, while the liquidation total counts only the one-hour window.

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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