Crypto Traders Face $64.54 Million in Liquidations in One Hour

Crypto traders saw $64.54 million in positions liquidated over the hour ending at 10:17 p.m. ET (02:17 UTC Oct. 15) on Oct. 14, with long positions accounting for 97% of the total across three exchanges. The tally included $62.55 million in long liquidations and $1.99 million in short liquidations across 9,257 events. Binance recorded $43.5 million, Bybit $9.21 million and OKX $11.83 million. Bitcoin (BTC) led liquidations by asset at $13.95 million, followed by Ether (ETH) at $10.89 million and XAG at $7.84 million.