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Bitcoin

Bitcoin Long Liquidations Hit $15.06 Million in One Hour

Image: TokenPost

Bitcoin (BTC) long liquidations totaled $15.06 million in the hour through 12:49 p.m. ET (17:49 UTC) Monday, Nov. 2, as the asset fell 0.65%. The tally combines public liquidation data from Binance, Bybit and OKX. Long liquidations made up the entire $15.06 million, while short liquidations totaled $0. The tally covers those three exchanges only and is not a marketwide total. Bitcoin traded at $77,470 at the start of the hour and $76,969 at its end, a $501 decline. The 0.65% price drop and liquidation total refer to the same one-hour window. In this tally, recorded liquidations were on the long side as Bitcoin moved lower; no short-side liquidations were recorded. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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