#Binance liquidation surpasses $100 million USD#
Hot Topic Overview
Overview
Binance platform has recently witnessed a large-scale liquidation. In the past 24 hours, the total liquidation amount across the entire network reached $121 million, with longs accounting for $92.64 million. In the past hour, the total liquidation amount across the entire network also reached $10.41 million, with longs accounting for $10.31 million. Data shows that liquidations are mainly concentrated in longs, with BTC liquidations accounting for 22.72% and 22.02% respectively.
Ace Hot Topic Analysis
Analysis
Recently, a large-scale margin call event on the Binance platform has drawn market attention. Data shows that the total amount of margin calls across the entire network reached $121 million in the past 24 hours, with $92.64 million in long positions, accounting for 76.57% of the total margin call amount. In the past hour, the total amount of margin calls across the entire network also reached $10.41 million, of which $10.31 million were long positions, accounting for 99.04% of the total margin call amount. This means that the recent market volatility has been intense, and a large number of investors have suffered losses on their long positions, leading to margin calls. It is worth noting that the BTC margin call amount accounted for 22.72% and 22.02% of the total margin call amount in 24 hours and 1 hour respectively, indicating that the BTC market is the most volatile, and investors need to be cautious in their operations.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance has recently experienced a large number of liquidation events, with a total amount exceeding $100 million.
Liquidation events are mainly concentrated on long positions, indicating bullish market sentiment, but the market is highly volatile.
BTC accounts for a high proportion of the liquidation amount, indicating that its price fluctuations have a significant impact on the market.
Data is for reference only and does not represent market trends. Investors should operate with caution.