According to titles and abstracts archived by The Defiant, CoinGlass recorded approximately $2.05 billion in liquidations across the exchanges it tracks, with the vast majority being long positions betting on price increases. The headline stated that Binance's liquidation volume was close to $800 million. The surviving abstract does not specify the start and end times for the statistics. The figures above are presented per the report's framing and do not represent the net losses of the entire market or all traders; the figures for Binance should not be added to the aggregate total of the tracked exchanges.