Bitcoin (BTC) remained down 3.51% over 24 hours at 3:47 a.m. ET (08:47 UTC) Sunday, despite a 1.44% rise on Binance during the preceding hour.
Binance's BTC/USDT spot quote climbed from $63,844 at 2:47 a.m. ET (07:47 UTC) to $64,763 an hour later. At 3:47 a.m. ET, Bitcoin was down 3.51% over the prior 24 hours.
The combined tally for Binance, Bybit and OKX showed $3.93 million in short liquidations against $570,000 in long liquidations during that hour, a $3.36 million difference. Liquidations are forced closures of trading positions; short positions generally benefit from falling prices, while long positions generally benefit when prices rise.
As of 08:58 UTC, Bitcoin traded at $64,732, down 3.29% over 24 hours, according to CoinGecko and exchange spot data.