Bitcoin Long Liquidations Hit $20.36 Million in One Hour

Bitcoin (BTC) long liquidations totaled $20.36 million in the hour ending 7:41 p.m. ET Thursday (00:41 UTC Friday), as Bitcoin’s price declined 0.46% over the same period.

Public liquidation data from Binance, Bybit and OKX were collected and combined for the hour ending 7:41 p.m. ET Thursday (00:41 UTC Friday). The three-exchange tally showed $20.61 million in total Bitcoin liquidations, including $20.36 million in long positions and $240,000 in short positions.

Bitcoin’s price moved from $71,219 at the start of the one-hour window to $70,890 at its close, a $329 decline. The price comparison covers the same hour as the liquidation tally, ending at 7:41 p.m. ET Thursday.

The figures cover Binance, Bybit and OKX only; they do not represent liquidations across the full crypto market. The $20.61 million total is TokenPost’s combined figure for those three exchanges. Bitcoin is the largest cryptocurrency by market capitalization and the only asset in this calculation.