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Crypto Liquidations Hit $69.84 Million in One Hour, Shorts Make Up 60%

The data covered 7,968 liquidations across three exchanges. Bitcoin led the asset breakdown at $40.52 million.

Mentioned assets
Plain metal tokens weigh down one side of a precision balance scale / TokenPost.ai
Plain metal tokens weigh down one side of a precision balance scale / TokenPost.ai

Crypto liquidations totaled $69.84 million during the hour ending at 9:37 p.m. ET Nov. 14 (02:37 UTC Nov. 15), with short positions making up about 60%.

The one-hour total covered public liquidation data from Binance, Bybit and OKX only, not the full crypto market. The hour ran from 8:37 p.m. to 9:37 p.m. ET. There were 7,968 liquidation events, including $42.02 million in short liquidations and $27.81 million in long liquidations. The reported short figure was $14.21 million above the long figure.

Binance recorded $35.81 million in liquidations, the highest exchange total. OKX followed at $22.08 million, then Bybit at $11.95 million; those exchange figures add up to the $69.84 million aggregate.

Bitcoin (BTC) accounted for $40.52 million, the largest asset total. Ether (ETH) had $15.90 million in liquidations, while Solana (SOL) had $3.89 million.

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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