#Binance liquidations exceed $10 million#
Hot Topic Overview
Overview
Binance platform has recently experienced a large-scale liquidation event. The total liquidation amount across all contracts in the past 24 hours reached $125 million, with $79.44 million in long positions liquidated. BTC liquidation amounted to $13.11 million, accounting for 10.44%. In the past hour, the total liquidation amount across all contracts was $11.42 million, with $9.25 million in long positions liquidated. ETH liquidation amounted to $3.7 million, accounting for 32.42%. Data shows that this liquidation event mainly concentrated on long positions, primarily in BTC and ETH.
Ace Hot Topic Analysis
Analysis
There have been large-scale liquidations on the Binance platform recently. Data shows that the total liquidation amount across all contracts in the past 24 hours reached $125 million, 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. Additionally, the total liquidation amount across all contracts in the past hour also reached $11.42 million, with $9.25 million in long liquidations and $3.7 million in Ethereum liquidations, accounting for 32.42% of the total liquidation amount. This indicates that the market has been experiencing significant volatility recently, with long investors being hit hard, leading to large-scale 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 margin call event, with a total amount exceeding $100 million.
The margin call event mainly concentrated on long positions, indicating a bullish market sentiment, but price fluctuations forced longs to liquidate.
Bitcoin and Ethereum were the main cryptocurrencies involved in the margin call, with $13.11 million and $3.7 million liquidated respectively.
The margin call event reminds investors to be aware of market risks, operate cautiously, and avoid excessive leverage.