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Bitcoin (BTC) Falls 0.62% During $41.82 Million Liquidation Hour

Long positions made up $41.41 million of the tally; shorts contributed $410,000.

Updated 1 min read
A data graphic shows long liquidations dwarfing short liquidations during a one-hour Bitcoin decline. / TokenPost.ai (mono)
A data graphic shows long liquidations dwarfing short liquidations during a one-hour Bitcoin decline. / TokenPost.ai (mono)

Bitcoin (BTC) fell 0.62% over the hour ending at 9:35 a.m. ET (14:35 UTC) Thursday, Nov. 12, while a tally across three exchanges showed liquidations overwhelmingly concentrated in long positions.

The combined figures from Binance, Bybit and OKX came to $41.82 million. Long positions accounted for $41.41 million, while liquidations of short positions came to $410,000.

At the interval's opening, Bitcoin stood at $72,675; its closing figure was $72,221. The tally excludes liquidation data from other venues.

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