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Crypto Liquidations Hit $37.24 Million in One Hour on Three Exchanges

Crypto Liquidations Hit $37.24 Million in One Hour on Three Exchanges

Photo: TokenPost

Crypto liquidations across Binance, Bybit and OKX totaled $37.24 million in the hour ending 11:17 a.m. ET on Oct. 20 (15:17 UTC Oct. 20), with long positions accounting for 76% of the total. The three exchanges recorded 5,066 liquidations during that hour. Long positions accounted for $28.48 million, while short positions made up $8.76 million. In dollar terms, more than three times as much was liquidated on the long side as on the short side. Binance recorded $26.79 million in liquidations, the largest amount among the three exchanges. OKX followed with $7.77 million, and Bybit recorded $2.68 million.

Source: TokenPost

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