CryptoMedium•12 November 2026•
1 min read
Binance Bitcoin Liquidations Surpass $520 Million in Highest Monthly Total Since 2021
Key Facts
1November liquidations exceeded $520 million by Nov. 12, marking the highest monthly total since 2021.
2Bitcoin open interest fell 17% in less than a month, dropping from $10.6 billion to $8.8 billion.
Bitcoin liquidations on the Binance platform exceeded $520 million by November 12, 2026, marking the highest monthly total since 2021. TokenPost reported that this surge in liquidations accompanied a 17% drop in Bitcoin open interest in less than a month.
Open interest fell from $10.6 billion to $8.8 billion, indicating a massive flush-out of leveraged positions from the market. These movements occurred amid price volatility that triggered forced liquidations for traders.