Data: BNB liquidations in the past 24 hours exceeded 12.5 million USD, with the largest single liquidation at 395,000 USD

Coinglass data shows that BNB liquidations in the past 24 hours reached $12.51 million, with short liquidations at $11.93 million and long liquidations at $580,000. The largest single liquidation was $395,393, and the average liquidation volume over the past 7 days is in an extreme state. BNB liquidations are mainly concentrated on Binance (74.01%), OKX (10.54%), and Bybit (5.1%), indicating that these exchanges have gathered a large number of active leveraged trades.