Bitcoin Sees $11.6 Million in Long Liquidations in One Hour

Bitcoin (BTC), the largest cryptocurrency by market capitalization, had $11.6 million in long positions liquidated during the hour ending 10:04 p.m. ET Nov. 2 (03:04 UTC Nov. 3). TokenPost combined public liquidation figures from Binance, Bybit and OKX for the tally. The reading covers those three exchanges, not the broader market. Long liquidations accounted for the full $11.6 million, while short liquidations totaled $0 for BTC during the same period. The measured hour ran from 9:04 to 10:04 p.m. ET Nov. 2.