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Crypto Liquidations Hit $65.39 Million in One Hour, With 96% Longs

The three-exchange tally counted 10,245 liquidation events and does not represent the entire crypto market.

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Metal markers tilt sharply across a narrow steel balance beam / TokenPost.ai
Metal markers tilt sharply across a narrow steel balance beam / TokenPost.ai

Binance, Bybit and OKX recorded $65.39 million in liquidations in the hour ending Nov. 5 at 6:20 p.m. ET (23:20 UTC), with long positions making up 96%.

TokenPost’s tally combined public liquidation data it collected directly from the three exchanges. It counted 10,245 liquidation events, including $63.09 million in long liquidations and $2.3 million in short liquidations. The figures cover the hour immediately before the cutoff.

Binance had the largest exchange total at $46.20 million. OKX recorded $10.50 million and Bybit $8.68 million. By asset, Bitcoin (BTC) led with $22.71 million in liquidations, followed by Ether (ETH) at $12.44 million and Solana (SOL) at $4.54 million.

The total is limited to Binance, Bybit and OKX; it is not a market-wide liquidation figure. The one-hour breakdown shows a large gap between long and short liquidations: $63.09 million versus $2.3 million. Binance alone recorded $46.20 million, more than the $19.18 million from OKX and Bybit combined.

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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