#ETH liquidations exceed $100 million#

Recently, ETH experienced a large-scale liquidation. Data shows that the total amount of liquidated contracts on the entire network reached $111 million in the past 24 hours, of which $69.72 million was liquidated short positions, accounting for 62.7% of the total liquidated amount. In the past hour, the total amount of liquidated contracts on the entire network also reached $10.98 million, of which $10.66 million was liquidated short positions, accounting for 97.05% of the total liquidated amount. This indicates that the ETH market has been volatile recently, with strong short-selling forces leading to a large number of short positions being liquidated. It is worth noting that while ETH prices rose by 1.24% in the past 24 hours, they fell by 1.32% in the past hour, indicating that market sentiment is unstable. Investors need to be cautious in their operations and avoid excessive chasing of rallies and selling on dips.