#Binance liquidates over $200 million#
Hot Topic Overview
Overview
Binance platform has recently experienced a large-scale liquidation event. In the past 24 hours, the total liquidation amount across all contracts reached $218 million, with short positions accounting for the majority at $142 million. In the past hour alone, the total liquidation amount across all contracts reached $14.5 million, with short positions accounting for $13.39 million, dominating the market. This indicates a divergence in market sentiment towards BTC price movements, with bearish forces being stronger, leading to a large number of short positions being liquidated.
Ace Hot Topic Analysis
Analysis
Recently, there has been a large-scale liquidation event on the Binance platform. According to statistics, the total liquidation amount across all contracts in the past 24 hours reached $218 million, with short positions accounting for a staggering $142 million. This indicates a divergence in market sentiment regarding the BTC price trend, with bearish forces dominating. In the past hour alone, the total liquidation amount across all contracts reached $14.5 million, with short positions accounting for $13.39 million, further confirming the strength of bearish forces. It is noteworthy that although BTC prices have risen by 1.16% in the past 24 hours, short liquidations still account for the vast majority of the total liquidation amount. This suggests that market sentiment remains cautious, and investors are concerned about the future market outlook.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance BTC contract liquidation amount is huge, the liquidation amount in the past 24 hours exceeded 200 million US dollars
The liquidation is mainly concentrated in short positions, indicating that the market is bearish on the BTC price
BTC price has recently risen, leading to short position liquidation
Liquidation data is for reference only and does not represent the future trend of the market