Crypto Liquidations Reach $30.85 Million in One Hour, With Shorts at 96%

Crypto liquidations reached $30.85 million in the hour through 11:50 a.m. ET (15:50 UTC) Oct. 15, with short positions accounting for 96% of the total across Binance, Bybit and OKX. The tally combines public liquidation data collected directly from Binance, Bybit and OKX and covers only those venues, not the entire crypto market. It recorded 4,813 liquidation events during that one-hour period. Short liquidations totaled $29.76 million, compared with $1.1 million for long liquidations. The short side made up 96% of the value in the tally.

Source: TokenPost