Crypto Liquidations Hit $31.49 Million in One Hour, 97% Shorts

Crypto liquidation totals on Binance, Bybit and OKX reached $31.49 million in the hour through 4:07 a.m. ET Sunday (09:07 UTC), with short positions accounting for $30.69 million, or about 97%, of the total.

TokenPost’s tally of the three exchanges’ public liquidation data recorded 4,334 events during the hour. Long positions accounted for $800,000, the remainder of the $31.49 million total. The difference between short and long liquidations was $29.89 million.

Binance accounted for $14.90 million of the total, while Bybit recorded $5.30 million and OKX $11.29 million. Bitcoin (BTC) led the asset breakdown at $18.43 million, followed by Ether (ETH) at $8.75 million and Solana (SOL) at $1.33 million. The three listed assets together made up $28.51 million of the reported value.

Shorts represented nearly all the reported liquidation value in this snapshot; long liquidations were about 2.5%. Our tally aggregates public liquidation data from Binance, Bybit and OKX for the hour ending at 4:07 a.m. ET (09:07 UTC); it does not cover the entire crypto market.