#Over $500 million liquidated in the crypto market.#
Hot Topic Overview
Overview
Recent cryptocurrency market has seen a surge in liquidations, with a total of $552 million liquidated in the past 24 hours, of which $459 million were long positions. BTC liquidations reached $125 million, accounting for 22.77% of the total. Additionally, the total liquidation amount in the past hour reached $26.47 million, with $21.84 million from long positions. ETH liquidations amounted to $7.7 million, accounting for 29.09% of the total. This indicates significant market volatility, and investors should exercise caution and manage their risks.
Ace Hot Topic Analysis
Analysis
There has been a large-scale margin call phenomenon in the cryptocurrency market recently. Data shows that the total margin call amount across the entire network reached $552 million in the past 24 hours, with $459 million in long positions being liquidated, mainly long positions. Specifically, BTC liquidated $125 million, accounting for 22.77%, while ETH liquidated $7.7 million, accounting for 29.09%. This indicates that market sentiment is rather pessimistic, and investors are cautious about the future market, leading to a significant reduction in long positions, ultimately triggering a margin call wave. It is worth noting that the total margin call amount across the entire network in the past hour also reached $26.47 million, with $21.84 million in long positions being liquidated, further confirming the market panic.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The cryptocurrency market has recently seen a large-scale liquidation, with a total amount exceeding $500 million.
The liquidation is mainly concentrated on long positions, indicating a strong bullish sentiment in the market.
BTC and ETH are the main cryptocurrencies that have been liquidated, with $125 million and $7.7 million liquidated respectively.
The market is highly volatile, and investors need to be cautious and manage their risks.