#Over $500 million liquidated in the crypto market.#
Hot Topic Overview
Overview
Recent cryptocurrency market has witnessed a significant surge in liquidations, with a total of $552 million liquidated in the past 24 hours. Of this, $459 million was from long positions, primarily concentrated in BTC and ETH. BTC liquidations reached $125 million, accounting for 22.77% of the total, while ETH liquidations amounted to $7.7 million, representing 29.09% of the total. This indicates a prevailing bearish sentiment in the market, with investors exhibiting a general bearish outlook, leading to a higher proportion of long position liquidations.
Ace Hot Topic Analysis
Analysis
There has been a large-scale liquidation in the cryptocurrency market recently. According to statistics, the total amount of liquidated contracts across the entire network in the past 24 hours reached $552 million, with $459 million in long positions liquidated, accounting for 83.17% of the total liquidated amount. The main liquidated cryptocurrencies were BTC and ETH, with $125 million and $7.7 million liquidated, respectively. This indicates that market sentiment is pessimistic, and investors lack confidence in the market trend, leading to a large number of long positions being forcibly liquidated. It is worth noting that the total amount of liquidated contracts across the entire network in the past hour also reached $26.47 million, with $21.84 million in long positions liquidated, indicating that the market is volatile, and investors need to operate cautiously and control risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Recently, there has been a large-scale margin call in the cryptocurrency market, with a total amount exceeding $500 million.
The margin call is mainly concentrated on long positions, indicating a general bullish sentiment in the market, but the price decline has forced longs to close their positions.
BTC and ETH are the main cryptocurrencies involved in the margin call, with $125 million and $7.7 million in margin calls respectively.
The data is for reference only, the actual margin call amount may be higher, the market is volatile, investors need to operate cautiously.