Bitcoin Long Liquidations Reach $48.96 Million in One Hour

Bitcoin (BTC) traders saw $48.96 million in long positions liquidated in the hour ending at 10:22 a.m. ET (15:22 UTC) Saturday, as the asset's price fell 1.75% over the same period.

The three-exchange total was $49.83 million, of which $48.96 million came from long positions and $870,000 from shorts. The tally covers publicly available liquidation data from Binance, Bybit and OKX only; it is not a marketwide total. Long liquidations accounted for most of the combined amount; short liquidations made up the remainder.

Bitcoin traded from $66,550 to $65,383 during the hour, a $1,167 decline and a 1.75% drop. The price change and liquidation totals use the same one-hour window. BTC is the largest crypto asset by market capitalization, and the tally captures activity on it across the three exchanges. The window ran from 9:22 to 10:22 a.m. ET on Nov. 14 (14:22 to 15:22 UTC).