#BTC perpetual contract liquidation of 9.29 million#

Recently, a 9.29 million liquidation order appeared on the BTC perpetual contract, attracting market attention. Such large orders are usually considered as the operation of major funds, which may affect the price trend. According to the article, the large orders of major players appear as horizontal lines on the candlestick chart, the thicker the line, the larger the order amount, the longer the line, the longer the order time. This means that the 9.29 million liquidation order may come from institutions or large traders, who are trying to guide the price direction by placing large orders. It is still unclear what the specific purpose of this order is, but it will undoubtedly have some impact on market sentiment. Investors need to closely follow the subsequent market movements and make investment decisions based on their own circumstances. In addition, the article also mentioned that a 3.33 million liquidation order appeared on the BNB perpetual contract, which is also worth paying attention to by investors.