#Over $100 million in crypto liquidations#

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Overview

Recent cryptocurrency market has seen a significant number of liquidations, with a total of $121 million liquidated across all exchanges in the past 24 hours. Of this amount, $92.64 million were long positions, with the majority of liquidations concentrated in BTC, amounting to $27.57 million. In the past hour alone, a total of $10.41 million were liquidated across all exchanges, with $10.31 million being long positions. Of this amount, $2.29 million were BTC liquidations. This indicates a high level of market volatility in recent times, and investors should exercise caution and manage their risks accordingly.

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Analysis

The crypto market has recently experienced large-scale liquidations. According to data, the total liquidated value of contracts across all exchanges in the past 24 hours reached $121 million, with $92.64 million in long positions liquidated, accounting for 76.5% of the total. In the past hour alone, the total liquidated value of contracts reached $10.41 million, with $10.31 million in long positions liquidated, accounting for 99.04% of the total. This means that in the past 24 hours, a large number of investors have suffered losses in the Bitcoin and other cryptocurrency markets, with long positions suffering particularly heavy losses. While Bitcoin prices have risen slightly in the past 24 hours, market volatility remains high. Investors need to be cautious in their operations, control risk, avoid excessive leverage, and prevent further losses.

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Recently, the amount of liquidated positions in the crypto market has been huge, exceeding 100 million US dollars.

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Liquidations are mainly concentrated on long positions, indicating that there are differences in market sentiment on the price trend, and bulls lack confidence.

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BTC accounts for a relatively high proportion of liquidations, indicating that its price volatility is large and the risk is high.

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Liquidation data is for reference only and does not represent market trends. Investors need to be cautious.

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