#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 which $79.44 million were long positions. Bitcoin liquidations amounted to $13.11 million, accounting for 10.44% of the total liquidated amount. In the past hour, the total liquidated amount across the entire network was $11.42 million, with $9.25 million in long positions liquidated. Ethereum liquidations amounted to $3.7 million, accounting for 32.42% of the total liquidated amount. This liquidation event primarily concentrated on long positions, indicating a bearish market sentiment. Investors should exercise caution 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 main driver of liquidations. Specifically, Bitcoin saw $13.11 million in liquidations, accounting for 10.44%, while Ethereum saw $3.7 million in liquidations, accounting for 32.42%. This indicates a bearish market sentiment, with concentrated long positions that are susceptible to liquidation in the face of price fluctuations. It is important to note that liquidation data is for reference only, and actual situations may vary. Investors should exercise caution when engaging in contract trading, manage risks, avoid excessive leverage, and implement stop-loss measures.
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, with $13.11 million in BTC liquidations and $3.7 million in ETH liquidations.
The liquidation events may be related to market fluctuations, such as the decline in BTC and ETH prices in the past 24 hours.
Data is for reference only, actual situation may vary.