SNDK Liquidations Reach $14.27 Million in One Hour, Mostly Longs

SNDK recorded $14.27 million in liquidations during a one-hour window on Nov. 6, including $13.73 million in long positions and $540,000 in short positions, in TokenPost’s three-exchange tally. TokenPost collected and combined publicly available liquidation data from Binance, Bybit and OKX for that one-hour window. The total reflects those three exchanges rather than a marketwide figure. Long liquidations made up about 96% of the combined amount, while short liquidations accounted for about 4%. The long-side total exceeded short liquidations by $13.19 million and was about 25 times larger during the same hour. The tally includes Binance, Bybit and OKX only.

Source: TokenPost