Over the past 24 hours, $495 million was liquidated globally, primarily targeting long positions.

According to CoinGlass data, on November 11, a total of 96,218 positions were liquidated across the entire network over the past 24 hours, with a total liquidation amount of $495 million. Long positions accounted for $367 million, representing 74.0%; short positions accounted for $129 million, representing 26.0%.

Liquidation amounts by coin were as follows: Ethereum (ETH) at approximately $153 million, with long positions accounting for 63.3%; Bitcoin (BTC) at approximately $137 million, with long positions accounting for 84.7%; ZEC at approximately $39.60 million, with long positions accounting for 88.2%; and Other coins at approximately $28.45 million, with long positions accounting for 70.4%.

The largest single liquidation over the past 24 hours occurred on the HTX ETH-USDT trading pair, which was a short position worth approximately $31.517 million, triggered at a liquidation price of $2,020.42. Binance accounted for 38.1% of the total network liquidation volume.