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Markets

Crypto Liquidations Reach $49.33 Million in One Hour, 94% Long

Image: TokenPost

Crypto traders saw $49.33 million in positions liquidated across Binance, Bybit and OKX in the hour ending 9:55 a.m. ET (13:55 UTC) Oct. 15, with long positions accounting for 94%. TokenPost combined publicly available liquidation data it collected directly from the three exchanges for the one-hour window. The cutoff was 10:55 p.m. in Korea, equivalent to 9:55 a.m. ET (13:55 UTC), and the tally recorded 7,379 liquidation events. The count covers Binance, Bybit and OKX only, not the entire crypto market. Of the $49.33 million total, $46.40 million came from long positions and $2.92 million from short positions. By exchange, Binance accounted for $33.02 million, Bybit for $6.97 million and OKX for $9.34 million.

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