#Binance ETH liquidation exceeds $100 million#
Hot Topic Overview
Overview
Binance's ETH futures market has recently seen massive liquidations, with total liquidations reaching $111 million in the past 24 hours. Of this, $69.72 million was from short positions, accounting for 62.7% of total liquidations. In the past hour alone, total liquidations reached $10.98 million, with $10.66 million from short positions, accounting for 97.06% of total liquidations. This signifies that the ETH market has been extremely volatile recently, with short sellers suffering heavy losses and a large number of short positions being forcibly liquidated.
Ace Hot Topic Analysis
Analysis
Recently, the Binance ETH liquidation event has attracted market attention. Data shows that in the past 24 hours, the total amount of liquidated contracts across the entire network reached $111 million, with $69.72 million in short positions liquidated. In the past hour alone, the total amount of liquidated contracts across the entire network reached $10.98 million, with $10.66 million in short positions liquidated. This means that a large number of investors have suffered losses due to ETH price fluctuations. It is worth noting that in the past 24 hours, ETH prices have risen by 1.24%, while in the past hour they have fallen by 1.32%. This indicates that market sentiment is volatile and investors need to operate cautiously, avoid excessive leverage, and control risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
ETH price fluctuates significantly, leading to a large number of contract liquidations.
In the past 24 hours, ETH contract liquidation amount exceeded 111 million USD.
The proportion of short position liquidation amount in the total liquidation amount is relatively high.
ETH price fluctuation has a significant impact on contract traders.