Longs Account for 79% of $235.7 Million in Exchange Liquidations

Forced liquidations on Binance, Bybit and OKX totaled $235.7 million in the 24 hours through 7:01 p.m. ET Nov. 2, with long positions accounting for 79% of the total. Long positions were liquidated for $185.1 million, while short positions totaled $50.5 million. The period included 51,963 liquidation orders. Ether (ETH) led the listed assets with $51.7 million in liquidations, including $30.8 million in longs and $20.9 million in shorts. Bitcoin (BTC) followed at $50.7 million, with $39.2 million in longs and $11.4 million in shorts.