Crypto Liquidations Reach $470.39 Million in One Hour, 99% Long

Crypto liquidations on Binance, Bybit and OKX reached $470.39 million in the one-hour period ending at 5:51 p.m. ET (22:51 UTC) Nov. 8, with long positions accounting for about 99% of the total. The tally covered 30,766 liquidations across the three exchanges.

Long liquidations totaled $463.50 million, while short liquidations reached $6.90 million. The long-side amount exceeded the short-side figure by $456.60 million.

Binance recorded $341.94 million in liquidations, followed by Bybit at $102.33 million and OKX at $26.12 million. Those amounts represented about 72.7%, 21.8% and 5.6% of the combined total, respectively.

Ether (ETH) was the most liquidated asset at $217.70 million, ahead of Bitcoin (BTC) at $135.40 million and Solana (SOL) at $21.26 million. Together, the three assets accounted for about 79.6% of the total. TokenPost's tally combines public liquidation data it collected directly from the three exchanges; it covers those exchanges only, not the entire market.