Crypto Liquidations Hit $108.15M in One Hour, With Longs at 91%

A total of $108.15 million in crypto positions was liquidated across Binance, Bybit and OKX during the hour ending 10:10 a.m. ET Thursday, Nov. 12, with long positions accounting for 91% of the total.

The tally counted 10,044 liquidation events: $98.06 million in long positions and $10.09 million in short positions. Binance recorded $65.13 million in liquidations, Bybit $20.50 million and OKX $22.52 million.

Bitcoin (BTC) led by asset with $69.02 million liquidated, followed by Ether (ETH) at $15.79 million. NVDA ranked next among the listed assets at $3.93 million.

The figures cover only those three exchanges, so the $108.15 million total is a three-venue measure rather than a reading for the entire crypto market. The observation window ran from 9:10 a.m. ET (14:10 UTC) to 10:10 a.m. ET (15:10 UTC) Thursday, Nov. 12.