Traders betting on crypto price gains accounted for most forced closures across Binance, Bybit and OKX, with long liquidations reaching $29.62 million in a one-hour snapshot Friday.
The period ended at 10:21 a.m. ET (15:21 UTC) Nov. 13 and included 6,030 liquidation events. The three exchanges recorded $32.27 million in total closures. Short positions accounted for $2.65 million, leaving longs with 92% of the total.
Binance had $20.44 million in liquidations, compared with $9.39 million at OKX and $2.44 million at Bybit. Long positions are held by traders positioned for rising prices, so the tally shows those traders accounted for most of the positions closed during the hour.
The previous day’s snapshot also totaled $32.27 million, but long positions made up $31.74 million and shorts $530,000, a 98% long share. The figure aggregates liquidation records from Binance, Bybit and OKX for that hour; it excludes other venues.
