Bitcoin Shorts See $22.31 Million in Liquidations in One Hour

Bitcoin (BTC) short positions worth $22.31 million were liquidated in the hour through 9:37 p.m. ET Saturday, as the largest cryptocurrency by market value rose 3.87% to $64,834.

The hour ran from 8:37 p.m. ET to 9:37 p.m. ET Saturday, Nov. 14, ending at 02:37 UTC Nov. 15. TokenPost’s tally combined public liquidation figures from Binance, Bybit and OKX. It recorded $40.52 million in total BTC liquidations over the period.

Long liquidations totaled $18.21 million, while short liquidations reached $22.31 million. For the same hour, Bitcoin’s price moved from $62,418 to $64,834, equal to the 3.87% increase recorded for the period. Short liquidations exceeded long liquidations during the measured window.

The tally covers only the three exchanges, so it does not represent liquidations across the full cryptocurrency market. Bitcoin is the largest cryptocurrency by market capitalization. The price change and liquidation figures cover the same hour, ending at 9:37 p.m. ET.