BAN Liquidations Soar to $11.26 Million in 24 Hours, Surpassing Key Cryptos

On February 24th, data from Coinglass indicates that the total net liquidation amount for BAN reached approximately $11.26 million within a single day. This figure includes $7.91 million attributed to long positions and $3.35 million from short positions. Notably, this liquidation volume, while significant, remains lower than the recorded liquidation amounts for major cryptocurrencies such as BTC, ETH, and SOL. The analysis highlights a continuing trend in the volatile cryptocurrency market, where liquidations can serve as an important indicator of market sentiment and investor behavior.