Crypto Liquidations Reach $113.87 Million in One Hour Across Three Exchanges

Crypto traders saw $113.87 million in liquidations across Binance, Bybit and OKX during the hour ending 8:20 a.m. ET Oct. 24, with long positions representing 94% of the reported total. TokenPost’s tally, compiled directly from public liquidation data from the three exchanges, counted 15,574 liquidation events in that hour. The snapshot is limited to Binance, Bybit and OKX and does not represent a marketwide total. Long liquidations reached $106.52 million, while short positions accounted for the remaining share. Binance posted the largest exchange total at $79.42 million. OKX followed with $18.90 million, and Bybit recorded $15.55 million.

Source: TokenPost