Long positions made up 82% of the $572.6 million in liquidations recorded on Binance, OKX and Bybit during the 24 hours ending at 8 p.m. ET Friday, Oct. 30.
The period included 85,164 liquidation orders. Long positions made up $467.2 million of the total, while short positions accounted for $105.4 million.
Long liquidations were valued at $160.5 million for Bitcoin (BTC), with shorts at $45.6 million; together, they rounded to $206 million. Ether (ETH) reached $110.9 million and Solana (SOL) $27.7 million.
Binance accounted for $402.6 million in liquidations, compared with $94.3 million on OKX and $75.7 million on Bybit. At 11:17 a.m. ET Friday, Binance logged a Bitcoin short liquidation valued at $11.4 million, the largest single closure in the tally.
Liquidation values reflect the positions closed and do not show traders’ final realized losses. Exchanges can automatically close a leveraged position when its collateral falls short of required margin, as described in EconoTimes’ explainer on crypto liquidations.
