Binance saw $800 million in liquidations in the past 24 hours, accounting for nearly 40% of the total market liquidations.

BlockBeats news, November 15, according to CoinGlass data, on November 15, over the past 24 hours, Binance contract liquidations amounted to approximately $800 million, accounting for 39.3% of the total market liquidations ($2.027 billion), ranking first among all trading platforms.

Binance liquidations were mainly long positions: long position liquidations were about $734 million, accounting for 92.2% of the platform's total liquidations; short position liquidations were about $62.33 million. During the same period, the largest single liquidation in the entire market also occurred on Binance, involving an ETH/USDT long position worth approximately $16.17 million.