$35 Million in Crypto Liquidations Hit Binance, Bybit, and OKX in One Hour

Crypto exchanges recorded a significant amount of liquidations in a one-hour period ending on October 2 at 11:36 p.m. ET, with a total of $35.08 million in losses.

The figure is based on data from Binance, Bybit, and OKX, which accounted for 7,733 liquidations during this time.

Long positions made up nearly all of the total liquidations, at $34.34 million, while short positions totaled only $740,000.

Binance led the pack with $21.82 million in liquidations, followed by OKX at $8.71 million and Bybit at $4.55 million.