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Bitcoin Falls 1.36% in One Hour to $73,175 on Binance Spot Market

Long liquidations totaled $38.69 million across Binance, Bybit and OKX during the same hour, compared with $5 million in short liquidations.

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A metal token tips over a ledge above scattered tokens / TokenPost.ai
A metal token tips over a ledge above scattered tokens / TokenPost.ai

Bitcoin (BTC) fell 1.36% in one hour to $73,175 at 10:47 a.m. ET Tuesday, Nov. 10 (15:47 UTC), while long liquidations far exceeded short liquidations across three exchanges during the same period.

The price comes from directly collected Binance spot BTC/USDT quotes. BTC was $74,184 one hour earlier on the same exchange and trading pair, a decline of $1,009. At the later observation, Bitcoin was down 3.05% from 24 hours earlier. The hourly and daily changes cover different periods.

Across Binance, Bybit and OKX, $38.69 million in long positions and $5 million in short positions were liquidated during that hour. A long position benefits when the price rises, while a short position benefits when it falls. The liquidation totals cover all three exchanges; the spot price is the Binance BTC/USDT quote.

Bitcoin ranked first among crypto assets by market capitalization, at approximately $1.5 trillion. The one-hour price comparison and liquidation tally cover the period ending at 10:47 a.m. ET.

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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