Crypto Liquidations Hit $195.19 Million in One Hour, With 99% Longs

Crypto traders saw $195.19 million in positions forcibly closed across Binance, Bybit and OKX during the hour ending at 10:41 p.m. ET Nov. 12 (03:41 UTC Nov. 13), with long positions accounting for 99% of the total.

The tally counted 16,434 liquidation events. Long positions totaled $193.34 million; short positions totaled $1.85 million.

The total combines public liquidation data collected directly from Binance, Bybit and OKX. Binance's $128.69 million was the largest exchange amount, followed by Bybit at $45.75 million and OKX at $20.74 million.

Bitcoin (BTC) led the asset totals at $118.41 million, ahead of Ether (ETH) at $36.55 million and Solana (SOL) at $10.13 million. Those were the three largest asset totals in the snapshot. The figures cover only the three exchanges during the one-hour window, not liquidations across the entire crypto market.