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Bitcoin Long Liquidations Reach $31.86 Million in One Hour

Bitcoin Long Liquidations Reach $31.86 Million in One Hour

Photo: TokenPost

Bitcoin (BTC) long positions worth $31.86 million were liquidated in the hour ending 10:30 p.m. ET Nov. 3, as the cryptocurrency's price fell 0.56% over the same period. The combined liquidation figure for the hour was $33.27 million across Binance, Bybit and OKX. Short liquidations totaled $1.4 million, alongside the $31.86 million in long positions. The measurements refer to a single 60-minute interval ending at the stated cutoff. BTC's price moved from $76,782 at the beginning of that hour to $76,349 at the end. BTC fell 0.56% from $76,782 to $76,349 during the liquidation window.

Source: TokenPost

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