$30M+ in One Hour: Crypto Longs Get Slammed

Crypto liquidations reached $30.19 million in one hour on September 24, with long positions accounting for 96% of the total.

The tally covered 4,122 liquidation events across public data from Binance, Bybit, and OKX.

Binance recorded the largest share at $19.59 million, followed by OKX with $7.28 million, and Bybit with $3.32 million.

Bitcoin (BTC) was the asset most heavily affected, accounting for $14.21 million of the liquidations, followed by Ether (ETH) at $4.78 million, and XRP at $2.04 million.