Crypto Liquidations Reach $40.34 Million in One Hour, With 69% Long

Crypto liquidations across Binance, Bybit and OKX totaled $40.34 million in the hour ending at 10:06 a.m. ET (15:06 UTC) Nov. 6, with long positions accounting for 69% of the total.

TokenPost’s tally of public liquidation data from the three exchanges counted 5,818 liquidations during the period. Long liquidations reached $27.85 million, compared with $12.49 million in shorts.

Binance recorded $24.16 million in liquidations, followed by OKX at $9.19 million and Bybit at $6.98 million. The total covers those three exchanges only and is not a market-wide estimate.

Bitcoin (BTC) led by asset with $18.09 million in liquidations. Ether (ETH) followed at $7.13 million, while Zcash (ZEC) reached $4.82 million. BTC’s total was more than twice Ether’s and nearly four times Zcash’s, while long liquidations exceeded short liquidations by $15.36 million. Together, those three assets accounted for $30.04 million, leaving $10.30 million across other assets in the three-exchange tally.