#ETH liquidation exceeds $100 million#

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Overview

The recent volatility in the ETH market has resulted in a large number of contract liquidations. Data shows that the total amount of contract liquidation across the entire network reached $111 million in the past 24 hours, of which $69.72 million were short positions, accounting for 62.7% of the total liquidation amount. In the past hour, the total amount of contract liquidation across the entire network was $10.98 million, with $10.66 million in short position liquidations, accounting for 97.07% of the total liquidation amount. This indicates that the ETH market is currently dominated by short positions, and the short-selling force is relatively strong. Investors need to proceed with caution.

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Analysis

Recently, there has been a large-scale liquidation event in ETH. Data shows that in the past 24 hours, the total liquidation amount across the entire network reached $111 million, with $69.72 million of which came from short positions, accounting for 62.7% of the total liquidation amount. In the past hour, the total liquidation amount across the entire network was $10.98 million, with $10.66 million from short positions, accounting for 97.07% of the total liquidation amount. This indicates that there is significant volatility in the ETH market recently, and the short-selling force is relatively strong, leading to a large number of short positions being liquidated. It is worth noting that while ETH prices have risen by 1.24% in the past 24 hours, they have fallen by 1.32% in the past hour, indicating that market sentiment is unstable and investors should exercise caution when trading.

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ETH experienced a liquidation event, with long liquidation dominating.

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ETH has experienced significant price fluctuations recently, leading to liquidation for some contract traders.

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ETH liquidation amount exceeded $100 million in the past 24 hours.

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The ETH liquidation event reminds investors to pay attention to risk control.

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