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Binance Coin (BNB) Falls 2.07% as Long Liquidations Reach $4.15 Million

Liquidations across Binance, Bybit and OKX totaled $4.15 million on the long side, versus $30,000 on the short side.

Updated 1 min read
An editorial market graphic depicts BNB's hourly decline and the imbalance in forced exits on Binance. / TokenPost.ai (mono)
An editorial market graphic depicts BNB's hourly decline and the imbalance in forced exits on Binance. / TokenPost.ai (mono)

A three-exchange tally recorded $4.15 million in long liquidations and $30,000 in short liquidations during the hour ending 5:01 p.m. ET (22:01 UTC) Sunday, as BNB fell 2.07% on Binance.

The difference between the two liquidation totals was $4.12 million.

At 5:01 p.m. ET, Binance's BNB/USDT spot pair had a rounded quote of $683, compared with $697 one hour earlier; the reported hourly loss was 2.07%. A separate 24-hour measure showed a 1.94% decline at that snapshot.

CoinGecko/exchange spot data later listed BNB at $685.26, down 1.42% over 24 hours as of 22:20 UTC.

An earlier EconoTimes BNB report on liquidations recorded the same imbalance, with $2.34 million in longs versus $10,000 in shorts during a 3.52% hourly decline.

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