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Bitcoin Long Liquidations Reach $41.17 Million in One Hour

Bitcoin fell 1.57% in the same hour. The tally covers Binance, Bybit and OKX, not the full crypto market.

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An unmarked brass coin rests on a steep black incline / TokenPost.ai
An unmarked brass coin rests on a steep black incline / TokenPost.ai

Bitcoin (BTC) traders saw $41.17 million in long positions liquidated over the hour ending at 9:32 p.m. ET Friday (02:32 UTC Nov. 14), as the token’s price fell 1.57%.

Our one-hour tally of public liquidations across Binance, Bybit and OKX was $41.25 million, including $41.17 million in long liquidations and $80,000 in short liquidations. It covers those three exchanges only and is not a marketwide total.

Bitcoin moved from $68,256 to $67,184 during the hour, a $1,072 decline. The price comparison uses the same one-hour window as the liquidation count, ending at 9:32 p.m. ET.

Long positions are trades structured to benefit from price increases, while short positions benefit from declines. Long liquidations made up about 99.8% of the reported total; short liquidations accounted for about 0.2%. All figures refer to the same one-hour period.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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