#Binance liquidations exceed $10 million#
Hot Topic Overview
Overview
Binance platform has experienced a large-scale liquidation recently. The total liquidation amount across all contracts in the past 24 hours reached $125 million, with long positions accounting for $79.44 million, representing 63.55% of the total liquidation amount. BTC liquidation amounted to $13.11 million, accounting for 10.44% of the total liquidation amount. In the past hour, the total liquidation amount across all contracts was $11.42 million, with long positions accounting for $9.25 million, representing 81.04% of the total liquidation amount. ETH liquidation amounted to $3.7 million, accounting for 32.42% of the total liquidation amount. Overall, recent liquidations on the Binance platform have been dominated by long positions, with a high liquidation amount, reflecting significant market sentiment fluctuations. Investors should exercise caution when operating.
Ace Hot Topic Analysis
Analysis
Recently, Binance platform has experienced a large-scale liquidation event, attracting market attention. According to data, the total liquidation amount across all contracts in the past 24 hours reached $125 million, with $79.44 million in long positions liquidated, accounting for the majority. Specifically, Bitcoin liquidation amounted to $13.11 million, representing 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. Among them, Ethereum liquidation reached $3.7 million, accounting for 32.42% of the total liquidation amount. This indicates that the market has been experiencing significant volatility recently, and investors need to operate cautiously and control risks.
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 a bullish market sentiment, but price fluctuations forced longs to close their positions.
BTC and ETH were the main cryptocurrencies liquidated, with $13.11 million and $3.7 million liquidated respectively.
The liquidation events remind investors to be aware of market risks, operate cautiously, control their positions, and avoid excessive leverage.