Bitcoin gained $279 in the hour to 12:24 p.m. ET Wednesday, while short positions accounted for nearly all $10.52 million in liquidations recorded across three major exchanges.
The measured interval began at 11:24 a.m. ET and ended at 12:24 p.m. ET on Nov. 11 (16:24-17:24 UTC). The figures draw only on activity at Binance, Bybit and OKX; other exchanges are outside the count.
The reported breakdown leaves $10,000 on the long side, compared with $10.51 million on the short side. The labels describe opposite positions on price direction: short positions are positioned for a decline, while long positions are positioned for a rise.
Bitcoin stood at $74,565 at the interval’s end, up from $74,286 at the start. That one-hour increase was 0.38%.
A separate EconoTimes update for an earlier Wednesday hour put short liquidations at $19.56 million while Bitcoin advanced 1.23% in that interval, the earlier market snapshot showed.
