Crypto Liquidations Reach $150.3 Million, With Shorts Taking 65%

Crypto markets recorded $150.3 million in forced position closures over 24 hours through 8:08 p.m. ET Oct. 28, with short positions accounting for nearly two-thirds of the total. The period included 35,906 liquidation orders. Short positions made up $97.7 million, while long positions accounted for $52.6 million. Binance recorded $102.8 million in liquidations, the largest exchange total. OKX had $33.5 million and Bybit recorded $14.1 million. Bitcoin (BTC) led the listed asset breakdown at $36.4 million, including $25.1 million in short liquidations and $11.4 million in long liquidations.

Source: TokenPost