Short Positions Make Up 73% of $30.06 Million in Crypto Liquidations

Binance, Bybit and OKX recorded $30.06 million in crypto liquidations in the hour through 6:56 p.m. ET Nov. 8, with short positions accounting for 73% of the total. The total comes from TokenPost’s tally of public liquidation data collected from the three exchanges, measured at 6:56 p.m. ET (23:56 UTC). The count for the preceding hour was 2,720 liquidations. Short liquidations totaled $22.03 million, while long liquidations totaled $8.02 million. Binance accounted for $19.29 million, OKX for $8.40 million and Bybit for $2.37 million. The three exchange amounts sum to the $30.06 million reported total. Ether (ETH) led the listed assets with $16.92 million in liquidations, followed by Bitcoin (BTC) at $8.74 million and Solana (SOL) at $970,000. The asset breakout identifies the top coin totals within this hourly tally.

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