Bitcoin Rises 1.24% in One Hour to $75,136; Short Liquidations Reach $2.64M

Bitcoin (BTC) rose 1.24% in one hour to $75,136 at 6:11 p.m. ET (23:11 UTC) Nov. 8, using collected Binance spot BTC/USDT prices. The price was $74,219 one hour earlier. BTC remained 0.78% below its level 24 hours before the observation.

During that same one-hour window, a tally across Binance, Bybit and OKX recorded $2.64 million in short liquidations and $360,000 in long liquidations. Short liquidations were more than seven times the long total in the tally. The figures cover liquidations on those three exchanges, while the $75,136 observation is a Binance spot quote.

The hourly gain is calculated against the $74,219 observation; the daily percentage uses the quote from a separate point 24 hours earlier. The percentage changes use collected exchange prices, with Binance BTC/USDT as the pair for the $75,136 observation. Read together, the data show Bitcoin higher over the hour but lower over the 24-hour period, alongside a greater dollar value of short than long liquidations during that hour.