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Short Positions Accounted for $42.75 Million in One-Hour Crypto Liquidations

The tally counted 4,903 events across Binance, Bybit and OKX. Long positions made up the remaining $4.15 million.

Updated 1 min read
A trader checks a smartphone at home in Seoul, South Korea / EconoTimes.ai (mono)
A trader checks a smartphone at home in Seoul, South Korea / EconoTimes.ai (mono)

Short positions made up $42.75 million of $46.9 million in forced crypto closures across Binance, Bybit and OKX in a 60-minute window ending Nov. 4, according to public exchange data.

The data recorded 4,903 forced closures. Long positions accounted for $4.15 million, leaving short liquidations $38.60 million higher and more than 10 times the long-side amount.

Binance led the exchange totals at $32.89 million. Bybit recorded $8 million, and OKX recorded $6.01 million.

By asset, the reported amounts were $19.58 million for Bitcoin (BTC), $13.76 million for Ether (ETH) and $2.85 million for Solana (SOL). The figures cover three exchanges, so they are not a marketwide total.

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