Crypto Liquidations Top $2B in 24 Hours as 329,000 Traders Are Wiped Out

Crypto futures liquidations reached $2.058 billion in the past 24 hours, according to CoinGlass data reported by BlockBeats on November 15, with long positions accounting for nearly all liquidations.Long positions made up $1.922 billion, about 93% of the total, while short positions contributed $142 million. The imbalance points to a one-directional flush rather than a two-way shakeout. Leveraged buyers were carried out as prices fell.A total of 329,339 traders were liquidated. The largest single order was a $16.17 million ETHUSDT position on Binance, a size that points to a whale-scale account.