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Bitcoin

Bitcoin Long Liquidations Reach $11.28 Million in One Hour

Image: TokenPost

Bitcoin (BTC) saw $11.28 million in long positions liquidated during the hour ending at 3:52 p.m. ET Nov. 14 (20:52 UTC), as its price fell 0.55%. TokenPost collected and combined publicly available Bitcoin liquidation records from Binance, Bybit and OKX for the one-hour period from 2:52 p.m. to 3:52 p.m. ET. The three exchanges recorded $11.52 million in total liquidations, including $11.28 million in long positions and $240,000 in short positions. The total reflects those venues only, not the full crypto market. All dollar values are in U.S. dollars. BTC traded at $65,648 at the start of the window and $65,285 at its end, a $363 decline. The 0.55% decrease applies to those same two price observations, over the same one-hour period covered by the liquidation tally.

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