#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 which $79.44 million were long positions. BTC liquidation amounted to $13.11 million, accounting for 10.44%. Additionally, the total liquidated contracts across the entire network in the past hour reached $11.42 million, with $9.25 million in long positions and $3.7 million in ETH liquidation, accounting for 32.42%. This liquidation event primarily concentrated on long positions, indicating a bearish market sentiment. Investors should exercise caution in their operations.
Ace Hot Topic Analysis
Analysis
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 it the main driver of liquidations. Specifically, Bitcoin saw $13.11 million in liquidations, accounting for 10.44% of the total. Meanwhile, Ethereum saw $3.7 million in liquidations within the past hour, accounting for 32.42% of the total. This indicates that the market has been experiencing significant volatility recently, with long positions taking a major hit, leading to a large number of liquidations. It is important to note that the above data is for reference only, and actual figures may vary.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance recently experienced a large-scale liquidation event, with total liquidation exceeding $100 million.
The liquidation event mainly concentrated on long positions, indicating a bullish market sentiment, but price fluctuations forced longs to close their positions.
BTC and ETH were the main cryptocurrencies liquidated, with $13.11 million and $3.7 million liquidated respectively.
The liquidation event reminds investors to be aware of market risks, avoid excessive leverage operations, and implement risk control.