Binance Accounts for $800 Million in Liquidations, 39.3% of Total

Binance recorded about $800 million in futures liquidations during the 24-hour period covered by the Nov. 15 tally, accounting for 39.3% of the $2.027 billion total across crypto trading platforms. The exchange ranked first among platforms by liquidation volume during that window. At Binance, liquidations were heavily weighted toward long positions. About $734 million in long positions were liquidated, representing 92.2% of the exchange’s total. Short positions accounted for about $62.33 million. A long position in Ether (ETH) traded against USDT, valued at about $16.17 million, was the largest single liquidation across all platforms in the same period.