Short Positions Make Up 95% of $36.4 Million in Crypto Liquidations

Crypto liquidations across Binance, Bybit and OKX reached $36.4 million in the hour ending Oct. 20 at 10:07 a.m. ET (14:07 UTC), with short positions making up about 95% of the total. Short positions accounted for $34.73 million, compared with $1.67 million in long positions. The combined count was 5,353 liquidation events during the one-hour window. Short liquidations exceeded long liquidations by $33.06 million across the three exchanges. Binance recorded $17.18 million in liquidations, the largest amount among the three exchanges. OKX followed with $15.58 million, while Bybit recorded $3.63 million.

Source: TokenPost