#Binance liquidations exceed $10 million#
Hot Topic Overview
Overview
Binance platform has recently experienced a large-scale liquidation event, with a total of $125 million in liquidated contracts across the entire network in the past 24 hours. Of this, $79.44 million was liquidated from long positions, making up the majority of the liquidations. Specifically, $13.11 million in BTC was liquidated, accounting for 10.44%, while $3.7 million in ETH was liquidated, accounting for 32.42%. Notably, the total liquidated contracts across the entire network in the past hour also reached $11.42 million, with $9.25 million liquidated from long positions.
Ace Hot Topic Analysis
Analysis
Binance recently experienced a large-scale liquidation event. Data shows that the total liquidation amount across all contracts reached $125 million in the past 24 hours, with $79.44 million in long positions liquidated, accounting for 63.55% of the total liquidation amount. Among them, BTC liquidation reached $13.11 million, accounting for 10.44% of the total BTC contract liquidation amount. In the past hour, the total liquidation amount across all contracts reached $11.42 million, with $9.25 million in long positions liquidated, accounting for 81.04% of the total liquidation amount. Among them, ETH liquidation reached $3.7 million, accounting for 32.42% of the total ETH contract liquidation amount. This liquidation event mainly concentrated on long positions, indicating a bullish market sentiment. However, due to the high market volatility, some investors made mistakes in their operations, ultimately leading to liquidation.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance recently experienced a large-scale liquidation event, with a total amount exceeding $100 million.
The liquidation events were mainly concentrated on long positions, indicating a strong bullish sentiment in the market.
BTC and ETH were the main cryptocurrencies liquidated, with $13.11 million and $3.7 million liquidated respectively.
The liquidation events may be related to market volatility and excessive leverage operations by investors.