#Over $500 million liquidated in the crypto market.#
Hot Topic Overview
Overview
There has been a large-scale liquidation in the cryptocurrency market recently. In the past 24 hours, the total liquidation amount across the entire network reached $552 million, with $459 million of long positions liquidated. Taking Bitcoin as an example, it has dropped by 2.23% in the past 24 hours, resulting in a liquidation amount of $125 million, accounting for 22.77% of the total liquidation amount. Ethereum also experienced liquidation, with $26.47 million liquidated in the past hour, including $21.84 million of long positions, accounting for 29.09% of the total liquidation amount. This indicates a pessimistic market sentiment, and investors should exercise caution in their operations.
Ace Hot Topic Analysis
Analysis
There has been a large-scale liquidation in the cryptocurrency market recently. According to statistics, the total liquidation amount across all contracts in the past 24 hours reached $552 million, with $459 million in long positions liquidated, accounting for the majority. Specifically, BTC liquidation amounted to $125 million, accounting for 22.77%, while ETH liquidation reached $7.7 million, accounting for 29.09%. This indicates that the market has been experiencing significant volatility recently, and long positions have been severely impacted. Investors need to be cautious in their operations and manage their risks. It is worth noting that the above data is for reference only, and the actual situation may vary.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency market liquidation amount is huge, the total liquidation amount across the entire network reached 552 million USD in the past 24 hours.
Long positions are the main reason for liquidation, with over 459 million USD in long position liquidation in the past 24 hours.
BTC and ETH are the main cryptocurrencies for liquidation, with over 125 million USD in BTC liquidation and over 7.7 million USD in ETH liquidation.
The market is volatile, leading to frequent liquidation events.