Longs Absorb $36.5 Million of $64.2 Million in Crypto Liquidations
Photo: TokenPost
Leveraged crypto positions worth $64.2 million were forcibly closed across Binance, OKX and Bybit in the 24 hours to 7 p.m. ET Sunday, Nov. 1, with long positions making up most of the losses. Longs accounted for $36.5 million, or 57% of the total, while shorts made up $27.7 million. The window covered 26,941 orders. Binance had the largest exchange total at $46 million, followed by OKX at $11.8 million and Bybit at $6.4 million. Bitcoin (BTC) led assets with $15.1 million in liquidations, including $10.4 million in shorts and $4.7 million in longs.
Source: TokenPost
