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Crypto Liquidations Hit $32.26 Million in One Hour, 99% Long Positions

Crypto Liquidations Hit $32.26 Million in One Hour, 99% Long Positions

Photo: TokenPost

Crypto traders had $32.26 million in positions liquidated in the one-hour period ending at 7:45 a.m. ET (12:45 UTC) Nov. 5, with long positions accounting for 99% of the recorded amount. TokenPost compiled the tally from public liquidation data on Binance, Bybit and OKX. The three-exchange count was 4,696 events, including $31.95 million in long liquidations and $310,000 in short liquidations. The total covers those venues only and is not a marketwide figure. Ether (ETH) had the largest asset total at $11.14 million, followed by Bitcoin (BTC) at $8.90 million and Solana (SOL) at $2.19 million.

Source: TokenPost

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