#Binance liquidations exceed $10 million#

There have been large-scale liquidations on the Binance platform recently. According to data, the total amount of liquidated contracts across the entire network in the past 24 hours reached $125 million, with $79.44 million in long positions liquidated, making longs the main victims. Specifically, BTC liquidations amounted to $13.11 million, accounting for 10.44% of the total liquidated amount; ETH liquidations reached $3.7 million, accounting for 32.42% of the total liquidated amount. It is worth noting that in the past hour, the total amount of liquidated contracts across the entire network also reached $11.42 million, with $9.25 million in long positions liquidated, making longs the main victims. This series of liquidation events indicates that market sentiment is cautious, and investors have significant uncertainty about the future market trend. Therefore, it is necessary to be cautious when operating, control positions, avoid excessive leverage operations, and reduce risks.