Crypto Longs Get Torched as $108.15M Liquidated in a Single Hour
Traders betting on higher crypto prices got steamrolled Thursday morning, with longs taking 91% of $108.15 million in liquidations across Binance, Bybit and OKX in one hour. Bitcoin alone accounted for $69.02 million of the wreckage, and NVDA showed up in the mix too.
- 2 sources report it: tokenpost.com, cryptobriefing.com.
- The source published it on Nov 12, 2026 at 7:11 PM.
- Readers flagged it and an editor is checking it.
The hour ending 10:10 a.m. ET on Thursday, Nov. 12, wiped out $108.15 million in crypto positions across Binance, Bybit and OKX. Longs shouldered nearly all of it: $98.06 million against just $10.09 million in shorts, or 91% of the total. The three exchanges logged 10,044 separate liquidation events in that window.
Binance took the biggest hit at $65.13 million, followed by OKX with $22.52 million and Bybit at $20.50 million. By asset, Bitcoin led with $69.02 million liquidated, Ether came in at $15.79 million, and NVDA ranked third among the listed assets at $3.93 million.
The window ran from 9:10 a.m. ET (14:10 UTC) to 10:10 a.m. ET (15:10 UTC). That timing put the damage squarely in the U.S. morning session, when leveraged positioning tends to get tested hardest.
One caveat on the headline number: it covers only Binance, Bybit and OKX, so $108.15 million is a three-venue measure rather than a full read on the crypto market.
TopicsBinance · Bybit · OKX · Bitcoin · Ether · NVDA
Written by Paparazzi with AI. Not financial advice.