#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 this, $79.44 million was liquidated from long positions, making it the dominant factor in the liquidation. Specifically, BTC saw $13.11 million in liquidations, accounting for 10.44% of the total, while ETH saw $3.7 million in liquidations, accounting for 32.42% of the total. Notably, in the past hour alone, the total liquidated contracts across the entire network reached $11.42 million, with $9.25 million of that coming from long positions.
Ace Hot Topic Analysis
Analysis
There have been large-scale margin calls on the Binance platform recently. Data shows that the total margin call amount across the entire network reached $125 million in the past 24 hours, with long positions accounting for over $79.44 million. Among them, Bitcoin margin calls reached $13.11 million, accounting for 10.44% of the total margin call amount. It is worth noting that in the past hour, the total margin call amount across the entire network also reached $11.42 million, with long positions accounting for $9.25 million and Ethereum margin calls reaching $3.7 million, accounting for 32.42% of the total margin call amount. This series of margin calls indicates that the market has been volatile recently. Investors need to be cautious in their operations, control risks, avoid excessive leverage operations, and prevent major losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
In the past 24 hours, the total amount of liquidated contracts across the entire network reached $125 million, with $79.44 million in long positions liquidated, making long positions the main liquidated positions.
BTC liquidation amount reached $13.11 million, accounting for 10.44% of the total liquidation amount.
ETH liquidation amount reached $3.7 million, accounting for 32.42% of the total liquidation amount.
The prices of BTC and ETH on the Binance platform have both experienced slight declines in the past 24 hours.