Crypto contract liquidations over 24 hours surged into the billion-dollar range. The $1.16 billion figure is one snapshot, not the only number.

Around November 9, reports citing Coinglass clustered between $1.1 billion and $1.2 billion: one TokenPost snapshot put the figure at $1.187 billion, with about $1.042 billion in long liquidations and $145 million in shorts; Ethereum accounted for about $505 million and Bitcoin about $318 million. Cointribune reported about $1.15 billion, including roughly $1.04 billion in long liquidations. More than 167,000 traders were liquidated, and the largest single liquidation was a Binance ETH long position worth about $48.16 million. An Odaily roundup early on November 10 put the total above $1.2 billion, with about $1.04 billion in long liquidations; Bitcoin briefly fell to $73,500, while Ethereum liquidations exceeded $507 million. The Gate Research Institute put the figure at about $1.071 billion that same day, including roughly $996 million in long liquidations.


This happens when leveraged positions no longer have enough margin and are forcibly closed by the platform; it is not voluntary selling of spot assets. Long positions made up the bulk of liquidations, and when prices fall, they can trigger a chain reaction of further liquidations. The rolling 24-hour window keeps moving forward. By the early hours of November 10, totals on some websites had already fallen to between $100 million and $200 million because the peak had moved outside the reporting window. When posting, include the data source and snapshot time—it’s clearer than giving only one figure, such as $1.16 billion.

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#加密市场24小时清算达11.6亿美元 $BTC $USDC

Disclaimer: The above content is compiled from public reports and is for informational purposes only. It does not constitute any advice. $PEPE