In the past 4 hours, total liquidations across the network surged to $869 million, with 24-hour total liquidations breaking through $1 billion.

BlockBeats news, November 5th, according to Coinglass data, the total liquidations across the network surged to $869 million in the past 4 hours, with long positions liquidated at $810 million and short positions at $58 million.

Meanwhile, total liquidations over the past 24 hours exceeded $1 billion, with 199,054 traders liquidated. The largest single liquidation occurred on Binance - ETHUSDT, valued at $10.9364 million.