Bitcoin Long Liquidations Reach $50.04 Million in One Hour

Bitcoin (BTC) long liquidations totaled $50.04 million in the hour ending 9:56 p.m. ET Nov. 12 (02:56 UTC Nov. 13), while the asset’s price fell 0.85% over the same period.

A tally of public liquidation data collected across Binance, Bybit and OKX totaled $50.19 million for the one-hour window. Long positions accounted for $50.04 million, while short liquidations totaled $150,000. The sum covers the three exchanges and is not a market-wide liquidation figure.

BTC moved from $70,905 to $70,305 during the hour, a decline of $600. The price observations cover the same period as the liquidation tally, which ended at 9:56 p.m. ET.

The long side exceeded short liquidations by $49.89 million. Adding the $50.04 million long total and $150,000 short total equals the stated $50.19 million aggregate. The liquidation breakdown and price move cover the same one-hour interval.