#Binance liquidations exceed $10 million#
Hot Topic Overview
Overview
Binance has recently experienced a large-scale liquidation event. In the past 24 hours, the total liquidation amount across all contracts reached $125 million, with long positions accounting for the majority. Bitcoin liquidations amounted to $13.11 million, representing 10.44% of the total. In the past hour alone, the total liquidation amount across all contracts reached $11.42 million, with Ethereum liquidations reaching $3.7 million, representing 32.42% of the total.
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 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%. Data shows that this liquidation event was primarily concentrated on long positions, with BTC and ETH being the main targets. This indicates a cautious market sentiment, with investors adopting a wait-and-see approach towards future market trends, leading to the forced liquidation of long positions. It is important to note that the above data is for reference only, and actual situations may vary.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance recently experienced a large-scale liquidation event, with over $125 million in liquidations across the entire network in the past 24 hours.
The liquidation events were mainly concentrated on long positions, with over $13.11 million in BTC liquidations and over $3.7 million in ETH liquidations.
Binance-BTC and Binance-ETH prices have recently experienced slight declines, with drops of 0.04% and 0.46% respectively.
Data is for reference only and does not constitute investment advice.