SanDisk was where leveraged traders on Binance's stock, commodity and index perpetuals got hurt most on Nov 6, with $15.53M of $SNDK positions closed by force. Across the whole group, forced closures came to $45.96M, down 86% from $317.92M on Nov 5.
Buyers carried more of the losses, with the split at 63% longs / 37% shorts. That was $28.9M of bets on higher prices against $17.1M of bets on a drop, spread over 199 contracts and 14,575 recorded events.
$SOXL came next at $7.71M and also produced the day's largest single forced close at $667K. Gold followed at $3.07M.
Buyers carried more of the losses, with the split at 63% longs / 37% shorts. That was $28.9M of bets on higher prices against $17.1M of bets on a drop, spread over 199 contracts and 14,575 recorded events.
$SOXL came next at $7.71M and also produced the day's largest single forced close at $667K. Gold followed at $3.07M.
