#$121 million liquidated in the crypto market#

There have been large-scale liquidation events in the cryptocurrency market recently. According to data, the total amount of liquidated contracts across the network in the past 24 hours reached $121 million, of which long positions accounted for $92.64 million, representing 76.5% of the total liquidated amount. In the past hour, the total amount of liquidated contracts across the network also reached $10.41 million, with long positions accounting for $10.31 million, representing 99.04% of the total liquidated amount. This means that in the past 24 hours, a large number of investors have been liquidated due to fluctuations in Bitcoin prices, with the proportion of liquidated long positions far exceeding that of short positions. This indicates that market sentiment is bullish, but it also reflects the high market risk. It is worth noting that although Bitcoin prices have risen slightly in the past 24 hours, 22.72% of investors have been liquidated in BTC contract trading, indicating that market volatility is intense and investors need to operate cautiously and control risks.