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Crypto Market Liquidations Reach $923 Million in Four Hours

Long positions accounted for $876 million in liquidations, compared with $46.18 million for short positions.

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Unmarked metal tokens sit beneath a suspended steel press / TokenPost.ai
Unmarked metal tokens sit beneath a suspended steel press / TokenPost.ai

Crypto markets recorded $923 million in liquidations over a four-hour period, including $307 million tied to Bitcoin (BTC) and $245 million tied to Ether (ETH). BTC’s reported liquidation amount was higher than Ether’s. The figures carried a timestamp of 7:11 p.m. ET Saturday, Nov. 14 (00:11 UTC Sunday, Nov. 15).

Long positions accounted for $876 million in liquidations, compared with $46.18 million for short positions. The long-position amount was far larger than the short-position figure in the same four-hour window. BTC and ETH provide asset-level figures within the market-wide total, while the long and short amounts break the same activity down by position direction.

The reported market-wide total provides a four-hour measure of liquidations, while the asset and position breakdowns offer separate views of that interval. Those breakdowns describe categories within the $923 million figure and are not additional amounts to add on top of it. BTC’s stated amount exceeded Ether’s, and the long-side total exceeded the short-side total.

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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