A $22.31 million wave of Bitcoin short liquidations accompanied a 3.87% one-hour price gain, offering a limited snapshot of leveraged trading on only three exchanges.
Bitcoin (BTC) reached $64,834 at 9:37 p.m. ET Saturday, Nov. 14 (02:37 UTC Nov. 15), up from $62,418 an hour earlier. A combined tally of public liquidation figures from Binance, Bybit and OKX put Bitcoin liquidations for that hour at $40.52 million. Shorts made up $22.31 million of the total, while long positions accounted for $18.21 million.
Liquidations are forced closures of trading positions. The tally leaves out activity on other exchanges, so it does not measure the full crypto market.
As of 9:46 p.m. ET Saturday (02:46 UTC Nov. 15), Bitcoin traded at $64,759, down 3.99% over 24 hours, according to CoinGecko and exchange spot data. That 24-hour change covers a different period from the one-hour move.
