In the last 24 hours, a total of 96,453 people were liquidated globally, with a total liquidation amount of $169 million. The largest single liquidation occurred on Binance - ETHUSDT, worth $1.9862 million.
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What is a Binance Account Binding (BAB) token? A Binance Account Binding (BAB) token is an on-chain credential for KYC-completed users of Binance. Because it is a soul-bound token, it has 3 key attributes:
1. Non-transferable; it cannot be transferred from one address to another.
2. Revocable; it can be revoked by the issuer.
3. A UID can only hold one BAB token on a single chain.