#Binance Liquidation Exceeds $100 Million#

Binance has recently experienced a large-scale liquidation event. According to data, the total contract liquidation amount across the entire network reached $111 million in the past 24 hours, with $69.72 million in short liquidations, making shorts the main liquidation type. In the past hour, the total contract liquidation amount across the entire network also reached $10.98 million, with $10.66 million in short liquidations, making shorts the main liquidation type. This indicates that the market has been extremely volatile recently, and a large number of investors have been liquidated due to fluctuations in the ETH price. It is worth noting that despite a 1.24% increase in ETH price over the past 24 hours, a significant number of short positions were still liquidated, indicating that market sentiment remains cautious, and investors have divergent views on the future market trend.