Crypto Liquidations Reach $34.87 Million Across Three Exchanges in One Hour

Across Binance, Bybit and OKX, $34.87 million in crypto positions were liquidated in the hour ending Oct. 19 at 9:16 p.m. ET (Oct. 20 at 01:16 UTC), about 99% of them long positions. The tally covered 3,677 liquidations. Long positions accounted for $34.58 million, compared with $290,000 in short positions. TokenPost collected and combined the exchanges’ public liquidation figures directly. The total covers those three exchanges, not the entire crypto market. Binance accounted for $28.11 million of the liquidations, the largest exchange total in the snapshot. OKX recorded $4.74 million and Bybit $2.02 million.

Source: TokenPost