Total liquidations across the network reached 691 million USD in the past 24 hours, with over 196,000 people liquidated

BlockBeats news, on November 12, according to Coinglass data, in the past 24 hours, the total liquidation across the network reached 691 million USD, with both longs and shorts liquidated, including 333 million USD in short liquidations.

In addition, a total of 196,185 people were liquidated in the last 24 hours, with the largest single liquidation occurring on Binance - BTCUSDT worth 15.7038 million USD.