Crypto Market Liquidations Hit $735M in 12 Hours, Longs Account for $650M

The cryptocurrency market saw $735 million in liquidations over a 12-hour period on Nov. 21, with long positions accounting for $650 million and short positions for $85.74 million, Coinglass data show. Over the past 24 hours, 227,052 traders were liquidated with total losses reaching $830 million. The largest single liquidation order occurred on HTX's BTC-USDT pair, valued at $30.9176 million.