$189 million of BTC shorts liquidated in 15 minutes: what eight exchanges showed on 4 November
On 4 November, between 15:00 and 15:15 UTC, $189.0 million of BTC liquidations printed across Binance, Bybit, OKX, Gate, HTX, HyperLiquid, Bitget and Aster DEX. $186.2 million of it was shorts. Add the two neighbouring quarter-hours (14:30–15:15 UTC) and the total is $241.4 million, 97% of it shorts.
All figures below come from QuickRadar's own real-time liquidation streams, snapshot taken at 17:18 UTC.
The BTC quarter-hour
| 15-minute window (UTC) | Longs | Shorts | Total |
|---|---|---|---|
| 14:30–14:45 | $0.5M | $40.2M | $40.7M |
| 14:45–15:00 | $3.5M | $8.1M | $11.7M |
| 15:00–15:15 | $2.7M | $186.2M | $189.0M |
Over the last 4 hours BTC liquidations reached $260.7 million; over 24 hours, $425.2 million.
The largest single BTC order of the day was an $11.44 million short on Binance at 15:04:37 UTC. It was followed by a $9.68 million Binance short at 15:08:50 and a $5.66 million OKX short at 15:13:38. All ten of the day's largest BTC orders were shorts, and seven of them fell inside the 15:00–15:15 window.
Where it was liquidated
Over 24 hours, BTC liquidations split like this: Binance 33.1%, HyperLiquid 23.2%, OKX 16.2%, Gate 12.0%, Bybit 8.4%, Bitget 4.1%, Aster DEX 1.6%, HTX 1.3%.
The two on-chain venues in the feed, HyperLiquid and Aster DEX, together account for 24.9% of BTC liquidations. A tracker that only reads centralised exchanges misses a quarter of the picture.
ETH looked different
In the same quarter-hour (15:00–15:15 UTC) ETH had $127.9 million of liquidations, both sides at once: $66.3 million of longs and $61.7 million of shorts. BTC in the same window was almost one-sided ($2.7 million of longs against $186.2 million of shorts). A one-sided print is what a squeeze looks like; both sides in a quarter-hour is a whipsaw.
The whole feed
Across all coins on the eight exchanges, the 24-hour total at 17:17 UTC was $998.2 million: $596.0 million of shorts and $402.1 million of longs.
How to read these numbers
Liquidation totals count forced closes, not trading volume, and they say nothing about what happens next. They show who was caught, on which exchange and at what price. The larger the share of one side, the more one-directional the move was.
The windows above count every liquidation; the live list on the site shows orders from $25,000 with their execution price.
Live data: quickradar.win/liquidations — liquidations on eight exchanges, 24-hour long and short totals by exchange and coin, free and without sign-up. Alerts for large liquidations come to Telegram.