Crypto Exchanges Liquidate $74.1 Million as Longs Take 60%

Crypto exchanges closed $74.1 million in leveraged positions over the 24 hours through 2:24 a.m. ET (06:24 UTC) Oct. 14, with traders betting on rising prices bearing 60% of the losses across 26,006 orders. Long liquidations totaled $44.4 million, compared with $29.7 million in short liquidations. Binance recorded $50.1 million in liquidations, followed by OKX with $17.7 million and Bybit with $6.3 million. Ether (ETH) led the listed assets with $15.1 million in liquidations, including $8.3 million in longs and $6.8 million in shorts. Bitcoin (BTC) totaled $13.2 million, with $6.1 million in longs and $7.2 million in shorts.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.