Long Positions Make Up 99% of $35.24 Million in One-Hour Liquidations
Photo: TokenPost
Crypto traders had $35.24 million in positions liquidated across Binance, Bybit and OKX in the hour ending 9:45 p.m. ET Wednesday, Oct. 21 (01:45 UTC Oct. 22), with long positions accounting for nearly all of the total. The three exchanges recorded 3,868 liquidations during that hour. Long positions made up $34.79 million of the total, while short positions accounted for $440,000, leaving a wide gap between liquidations on the two sides. Binance recorded $23.44 million in liquidations, the largest exchange total. OKX followed with $7.87 million, while Bybit logged $3.93 million.
Source: TokenPost
