Bitcoin Long Liquidations Reach $24.72 Million in One Hour

Bitcoin (BTC) long liquidations reached $24.72 million in the hour through 7:55 a.m. ET on Oct. 24, as the token's price fell 0.86% and total liquidations across three exchanges reached $24.93 million. Long positions accounted for $24.72 million of that total, while short liquidations were $200,000. Bitcoin's price moved from $81,336 to $80,636 over the same hour, a 0.86% decline. TokenPost compiled the tally by collecting and combining public liquidation data from Binance, Bybit and OKX. The $24.93 million figure covers those three exchanges only and is not a marketwide total. Both the liquidation figures and price comparison refer to the one-hour window ending at the 7:55 a.m. ET cutoff on Oct. 24.

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