BNB's liquidation value exceeded $12.5 million in the past 24 hours, with the single largest liquidation reaching $395,000

Odaily news, Coinglass data shows that BNB had liquidations totaling $12.51 million in the past 24 hours, with short position liquidations at $11.93 million and long position liquidations at $580,000. The single largest liquidation was $395,393. The average 7-day liquidation volume is in an extreme state. Today's BNB liquidations were primarily concentrated on Binance (74.01%), OKX (10.54%), and Bybit (5.1%), indicating a high concentration of active leveraged trading on these exchanges.