#Binance liquidations exceed $10 million#
Hot Topic Overview
Overview
Binance platform has recently experienced a large-scale liquidation event. In the past 24 hours, the total liquidation amount across all contracts 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 reached $11.42 million, with $9.25 million in long positions liquidated. ETH liquidation amounted to $3.7 million, accounting for 32.42%. This liquidation event mainly concentrated on long positions, indicating a bearish market sentiment. Investors need to be cautious in their operations.
Ace Hot Topic Analysis
Analysis
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 primary driver of the liquidation. Specifically, BTC saw $13.11 million in liquidations, accounting for 10.44%, while ETH saw $3.7 million in liquidations, accounting for 32.42%. This indicates significant market volatility in recent times, with long positions being concentrated, leading to a large number of long positions being forcibly liquidated due to significant price fluctuations, resulting in massive liquidations. It is important to note that this data only reflects the past 24 hours, and the actual amount of liquidations may be higher. This liquidation event serves as a reminder to investors to exercise caution when operating in volatile markets, manage their positions, avoid excessive leverage, and mitigate 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 $125 million.
The liquidation events were mainly concentrated on long positions, indicating a bullish market sentiment, but recent price fluctuations have led to stop losses for longs.
BTC and ETH were the main cryptocurrencies liquidated, with $13.11 million and $3.7 million liquidated respectively.
The liquidation events remind investors to pay attention to risk control, avoid excessive leverage, and adjust their strategies in accordance with market conditions.