#Binance liquidates over $200 million#
Hot Topic Overview
Overview
Recently, Binance platform experienced a large-scale liquidation event, with a total of $218 million in liquidated contracts across the entire network in the past 24 hours. Among them, the amount of liquidated short positions reached $142 million. Data shows that the total amount of liquidated contracts across the entire network in the past hour also reached $14.5 million, with $13.39 million in liquidated short positions. This liquidation event mainly concentrated on BTC contracts, with $52.62 million in liquidated BTC contracts in the past 24 hours and $6.68 million in the past hour. Although Binance has not yet made an official response to this event, this liquidation event undoubtedly brought a significant shock to the market and also raised investors' concerns about market risks.
Ace Hot Topic Analysis
Analysis
Recently, a large-scale margin call event on the Binance platform has attracted market attention. According to data, the total margin call amount across the entire network reached $218 million in the past 24 hours, with short positions accounting for $142 million, or 65% of the total. In the past hour alone, the total margin call amount across the entire network reached $14.5 million, with short positions accounting for $13.39 million, or 92% of the total. This indicates that market sentiment has been bullish recently, with a large number of short sellers being "margin called" by the strong market rally. It is worth noting that although BTC has risen by 1.16% in the past 24 hours, its margin call amount only accounts for 24.06% of the total, indicating that the margin call event was not entirely caused by BTC price fluctuations, but rather by a combination of factors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance BTC contract liquidation amount is huge, with over $218 million liquidated in the past 24 hours.
Short positions are the main liquidation, with over $142 million liquidated in the past 24 hours.
BTC price has risen recently, with an increase of over 1% in the past 24 hours.
Liquidation data is for reference only and does not represent market trends.