Bitcoin Long Liquidations Reach $41.41 Million in One Hour

Bitcoin (BTC) long-position liquidations totaled $41.41 million in the hour through 9:35 a.m. ET (14:35 UTC) Nov. 12, making up nearly all of the $41.82 million counted across three exchanges.

TokenPost collected and combined publicly available liquidation data from Binance, Bybit and OKX for the hour ending at that time. The total covers those three exchanges and is not a marketwide figure. Short-position liquidations totaled $410,000, compared with $41.41 million in long liquidations.

Bitcoin's price fell from $72,675 at the start of the hour to $72,221 at the end, a decline of 0.63%. The price change and liquidation figures cover the same one-hour period, ending at 9:35 a.m. ET. The reported total includes both long and short positions across the three exchanges.

Bitcoin is the largest crypto asset by market capitalization. The figures offer a one-hour snapshot of liquidations in that asset across Binance, Bybit and OKX on Nov. 12.