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Long Positions Accounted for 99% of $62.56 Million in One-Hour Crypto Liquidations

The three-exchange count logged 9,185 events, with Ether (ETH) recording the largest asset total at $17.09 million.

Updated 1 min read
A data graphic shows long positions dominating reported one-hour crypto liquidations. / EconoTimes.ai
A data graphic shows long positions dominating reported one-hour crypto liquidations. / EconoTimes.ai

Long positions represented 99% of the $62.56 million liquidation tally across Binance, Bybit and OKX for the hour ending Nov. 2 at 12:49 p.m. ET (17:49 UTC).

Long-side liquidations reached $62.19 million, or 99% of the reported amount; short-side closures were $370,000. The exchanges logged 9,185 events during the period.

Ether (ETH) accounted for $17.09 million in liquidations. Bitcoin (BTC) totaled $15.06 million, while Solana (SOL) recorded $6.66 million.

Bybit's reported amount was $5.62 million, while OKX had $14.83 million and Binance $42.12 million. Those venue figures add up to $62.57 million, $10,000 above the stated combined total. Activity on exchanges beyond those three falls outside the count.

A separate 24-hour liquidation snapshot covering the same exchanges recorded $221 million over a different period.

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