#Over \$100 million wiped out in crypto market crash.#

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Hot Topic Details

Hot Topic Overview

Overview

The recent margin calls in the crypto market have been severe. According to data, the total margin call amount across the entire network reached $121 million in the past 24 hours, with $92.64 million from long positions, accounting for 76.57% of the total margin call amount. In the past hour, the total margin call amount across the entire network was $10.41 million, with $10.31 million from long positions, accounting for 99.04% of the total margin call amount. This indicates that the market has been experiencing significant fluctuations recently, and long-term investors have suffered heavy losses. It is worth noting that BTC has increased by 0.03% in the past 24 hours, while it has decreased by 0.39% in the past hour, indicating that market sentiment is unstable, and investors need to operate cautiously.

Ace Hot Topic Analysis

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Analysis

Recent cryptocurrency market crashes have become increasingly frequent. Data shows that in the past 24 hours, the total amount of liquidated contracts across the entire network reached $121 million, with longs accounting for the majority at $92.64 million. Just in the past hour, the total amount of liquidated contracts across the entire network reached $10.41 million, with longs accounting for $10.31 million. This indicates a cautious market sentiment with investors generally bullish, but the large market volatility is leading to significant losses for long positions. Among the liquidated positions, Bitcoin accounted for the highest proportion, at 22.72% and 22.02% respectively, highlighting the volatility of the Bitcoin market and the need for caution among investors.

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Discussion Word Cloud

Classic Views

Cryptocurrency market liquidation mainly concentrated on long positions

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BTC liquidation amount accounts for a higher proportion

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Liquidation amount in the past 24 hours far exceeds that in the past 1 hour

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Liquidation amount data is for reference only

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