Bitcoin Cash (BCH) fell 3.36% on Binance in an hour Saturday, while long-position liquidations across three exchanges reached $900,000, far above the $10,000 short tally.
Binance’s BCH/USDT spot market quoted BCH at $248 at 3:51 p.m. ET (20:51 UTC) Saturday, Nov. 7. The 24-hour reading at that time showed a 6.17% decline.
The liquidation tally covered BCH positions on Binance, Bybit and OKX during the same hour. Long liquidations exceeded short liquidations by $890,000. The $248 quote came from Binance’s spot market, while the liquidation totals combined activity across all three venues.
A later reading from CoinGecko and exchange spot data put BCH at $248.13 at 4:04 p.m. ET (21:04 UTC), down 5.92% over 24 hours. That later percentage reflects a different rolling 24-hour window from the 6.17% reading at 3:51 p.m. ET.