The largest single-day liquidation in history exceeded 1 million people, and the largest single liquidation was 68.73 million US dollars

Wu said blockchain learned that according to bybt data, affected by market fluctuations, the amount of liquidation in the past 24 hours reached $9.795 billion, which is the largest liquidation amount in history. A total of more than 1 million people were liquidated, and the largest single liquidation occurred on Binance-BTC, with a value of $68.7348 million. The perpetual contract rates of major mainstream exchanges have all declined to varying degrees, among which the funding rates of currency-based contracts have all shown negative contract rates in the three major exchanges.