Bitcoin Long Positions See $9.47 Million in Liquidations in One Hour

Bitcoin (BTC) saw $9.47 million in long positions liquidated across three crypto exchanges during the hour ending at 10:26 a.m. ET Friday, while its price fell 1% to $68,559.

TokenPost tallied public liquidation data from Binance, Bybit and OKX for the hour from 9:26 a.m. to 10:26 a.m. ET. The combined $10.31 million figure covers those three exchanges only and is not a market-wide total. The data were collected at the stated reporting cutoff.

Long liquidations accounted for $9.47 million and short liquidations for $830,000. The two side figures sum to $10.30 million, $10,000 below the reported aggregate. BTC moved from $69,252 to $68,559 during the same interval, a 1.00% decline.

Bitcoin is the largest cryptocurrency by market capitalization. Long positions are structured to gain when BTC rises, while shorts gain when it falls. This count covers liquidation activity only on the three named exchanges during that one-hour ET window.