Forced closures on Binance's stock and commodity perpetuals fell 67% on Nov 3, to $28.08M from $86.01M the day before. Traders using leverage to bet on higher prices still took most of the hits, with the split at 68% longs / 32% shorts.
Longs lost $19.0M and shorts $9.1M, across 187 contracts and 7,326 liquidation events in our recorded stream. That is a floor, not the whole market.
SanDisk (SNDK) led with $4.33M, ahead of crude oil (CL) at $3.72M and SOXL at $3.33M. The largest single position closed by force was $386K in silver (XAG).
Longs lost $19.0M and shorts $9.1M, across 187 contracts and 7,326 liquidation events in our recorded stream. That is a floor, not the whole market.
SanDisk (SNDK) led with $4.33M, ahead of crude oil (CL) at $3.72M and SOXL at $3.33M. The largest single position closed by force was $386K in silver (XAG).
