Bitcoin Liquidations Surge to $388 Million in 24 Hours, Largest BTC-USD Liquidation at $8.616 Million

COINOTAG News, citing Coinglass data dated November 26, reports total liquidations over the last 24 hours of $388 million, including $142 million in long positions and $246 million in short positions.

Globally, 114,614 traders were liquidated within the same window, with the single largest liquidation occurring on the Hyperliquid platform for the BTC-USD pair, valued at $8.616 million.