#Binance liquidations exceed $10 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 $125 million, with $79.44 million in long positions liquidated. Bitcoin liquidation amounted to $13.11 million, accounting for 10.44% of the total liquidation amount. Additionally, in the past hour, the total liquidation amount across all contracts reached $11.42 million, with $9.25 million in long positions liquidated. Ethereum liquidation amounted to $3.7 million, accounting for 32.42% of the total liquidation amount. 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
There have been large-scale liquidations on the Binance platform recently. Data shows that the total contract liquidation amount across the entire network reached $125 million in the past 24 hours, with $79.44 million in long liquidations, making longs the main victims. Specifically, Bitcoin liquidations amounted to $13.11 million, accounting for 10.44% of the total liquidation amount. In the past hour, the total contract liquidation amount across the entire network was $11.42 million, with $9.25 million in long liquidations. Among them, Ethereum liquidations reached $3.7 million, accounting for 32.42% of the total liquidation amount. This indicates that the market has been experiencing significant volatility recently, with long positions being heavily impacted, leading to a large number of liquidations. It is important to note that the above data is for reference only, and the actual situation may vary.
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 that market sentiment was bullish, but recent price fluctuations have led to long positions being stopped out or liquidated.
BTC and ETH were the main cryptocurrencies liquidated, with $13.11 million and $3.7 million liquidated respectively.
Liquidation data is for reference only and does not represent market trends. Investors should operate cautiously.