Bitcoin Long Liquidations Hit $15.25 Million in One Hour

Bitcoin (BTC) recorded $15.25 million in long position liquidations on Binance, Bybit and OKX during the hour ending at 4:16 p.m. ET Nov. 9, as its price fell 0.71%.

The tally combines publicly available liquidation figures collected directly from the three exchanges. It puts total liquidations at $15.26 million, including $10,000 in short positions. The totals cover Binance, Bybit and OKX only and do not represent the full market.

Bitcoin fell from $74,420 to $73,895 in the measured hour, a $525 decline. Long positions are trades that benefit from rising prices, while short positions benefit from falling prices. The data show the liquidations were almost entirely on the long side during the price drop.

The one-hour window immediately preceded the 4:16 p.m. ET cutoff. Both the price change and liquidation totals refer to that same period, allowing the figures to be read together. Long liquidations accounted for all but $10,000 of the combined total.