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Long Positions Made Up 96% of $65.39 Million in Crypto Liquidations

The three-exchange tally counted 10,245 liquidation events during the hour ending at 6:20 p.m. ET (23:20 UTC) on Nov. 5.

Updated 1 min read
An anonymous commuter checks a cryptocurrency trading app at Gangnam Station in Seoul / EconoTimes.ai (mono)
An anonymous commuter checks a cryptocurrency trading app at Gangnam Station in Seoul / EconoTimes.ai (mono)

Long positions made up about 96% of $65.39 million in liquidations across Binance, Bybit and OKX during the hour ending at 6:20 p.m. ET (23:20 UTC) on Nov. 5, a venue-limited snapshot of forced crypto trades.

The tally counted 10,245 liquidation events. Long liquidations totaled $63.09 million, compared with $2.3 million in short liquidations.

Binance's $46.20 million was the largest venue total. OKX recorded $10.50 million and Bybit $8.68 million, adding to $19.18 million between them.

Among assets, liquidation values were highest for Bitcoin (BTC), at $22.71 million. Ether (ETH) followed with $12.44 million, while Solana (SOL) recorded $4.54 million. The reported figure reflects public data from those three exchanges; it excludes activity on other venues.

An Oct. 16 one-hour EconoTimes tally across the same exchanges also showed long positions dominating, with $41.24 million of $43.37 million in liquidations.

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