#Binance liquidations exceed $10 million#

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 long positions, making up the majority of the liquidations. Data shows that $13.11 million in BTC was liquidated, accounting for 10.44%, while $3.7 million in ETH was liquidated, accounting for 32.42%. 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 worth noting that the total liquidated contracts across the entire network in the past hour also reached $11.42 million, with $9.25 million in liquidated long positions, further confirming the trend of increasing market volatility. Investors should exercise caution, manage their risk, and avoid excessive chasing of rallies and selling on dips.