Bitcoin Long Liquidations Reach $129.83 Million in One Hour

Bitcoin (BTC) long positions worth $129.83 million were liquidated in the hour ending at 10:26 p.m. ET Thursday, Nov. 12 (03:26 UTC Nov. 13).

The three exchanges recorded $130.16 million in Bitcoin liquidations over the same hour. Longs made up $129.83 million of the total, with shorts accounting for $330,000.

The figures cover Bitcoin liquidation activity across those three exchanges only; they are not a marketwide total. The window is the rolling hour immediately before the cutoff, rather than a full day or calendar hour. Both position-side amounts use the same asset and observation window.

Long liquidations represented almost all of the reported value. Short liquidations totaled $330,000, a small share of the combined figure. The tally measures Bitcoin, the largest cryptocurrency by market capitalization. It reflects figures collected for the hour ending at 12:26 p.m. Korea Standard Time on Nov. 13, equivalent to the ET and UTC timestamps above. The totals apply to that single preceding hour, not a longer period.