Bitcoin Long Liquidations Hit $20.36 Million in One Hour

Bitcoin (BTC) long liquidations totaled $20.36 million in the hour ending 7:41 p.m. ET Thursday (00:41 UTC Friday), as Bitcoin’s price declined 0.46% over the same period.

Public liquidation data from Binance, Bybit and OKX were collected and combined for the hour ending 7:41 p.m. ET Thursday (00:41 UTC Friday). The three-exchange tally showed $20.61 million in total Bitcoin liquidations, including $20.36 million in long positions and $240,000 in short positions.

Bitcoin’s price moved from $71,219 at the start of the one-hour window to $70,890 at its close, a $329 decline. The price comparison covers the same hour as the liquidation tally, ending at 7:41 p.m. ET Thursday.

The figures cover Binance, Bybit and OKX only; they do not represent liquidations across the full crypto market. The $20.61 million total is TokenPost’s combined figure for those three exchanges. Bitcoin is the largest cryptocurrency by market capitalization and the only asset in this calculation.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].