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Binance Coin Falls 2.06% on Binance as Long Liquidations Hit $3.02 Million

The tally covered Binance, Bybit and OKX and recorded no short liquidations.

Updated 1 min read
A data graphic depicts BNB’s one-hour slide on Binance and long liquidations across three exchanges. / TokenPost.ai (mono)
A data graphic depicts BNB’s one-hour slide on Binance and long liquidations across three exchanges. / TokenPost.ai (mono)

Binance Coin (BNB) lost 2.06% on Binance over one hour as a tally across three exchanges recorded $3.02 million in long liquidations and none in shorts, concentrating forced exits among bullish positions.

The reported one-hour decline was 2.06%. Binance's BNB/USDT spot pair showed a rounded quote of $637 at 10:26 p.m. ET on Thursday, Nov. 12 (03:26 UTC Friday, Nov. 13), after $650 one hour earlier, a $13 difference.

At that point, BNB was down 6.08% over 24 hours and ranked fourth by market capitalization, at about $83.77 billion. As of 03:43 UTC Friday, Nov. 13, BNB was $637.01, down 5.98% over 24 hours.

The liquidation tally covered Binance, Bybit and OKX, while the price comparison used Binance's spot market. A previous EconoTimes report on BNB liquidations covered a separate hourly decline, when long liquidations totaled $2.34 million and short liquidations reached $10,000 across the same exchanges.

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