Gate News reports that on March 11, according to HyperInsight monitoring, the largest single liquidation in the past 24 hours across the entire network occurred on a derivatives trading platform, involving Brent crude oil (BRENTOIL). An address holding long positions experienced multiple large liquidations during a decline in oil prices, totaling over $6 million. The first liquidation happened after BRENTOIL’s price dropped below $89, with a single liquidation of $3.32 million; subsequently, as the price further declined below $87, the same address was liquidated again, with a single liquidation of $3.13 million.
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