#$683 million liquidated across the entire network.#
Hot Topic Overview
Overview
The cryptocurrency market has been experiencing significant volatility recently. In the past 24 hours, the total amount of liquidations across all exchanges reached $683 million, with long positions accounting for over 70% of the total. Ethereum recorded the highest liquidation amount, reaching $165 million, which represents 24.22% of the total liquidations. In the last hour, the total amount of liquidations across all exchanges was $10.57 million, with short positions accounting for over 88% of the total. Bitcoin recorded the highest liquidation amount, reaching $2.97 million, which represents 28.08% of the total liquidations.
Ace Hot Topic Analysis
Analysis
Recently, the cryptocurrency market has experienced sharp fluctuations, leading to a total liquidation amount of $683 million across the network. Data shows that in the past 24 hours, the total liquidation amount of contracts across the network was $683 million, with long positions accounting for $485 million, representing 71% of the total liquidation amount. ETH liquidations amounted to $165 million, representing 24.22% of the total liquidation amount. In the past hour, the total liquidation amount of contracts across the network was $10.57 million, with short positions dominating, and BTC liquidations amounting to $2.97 million, representing 28.08% of the total liquidation amount. This wave of liquidations was primarily triggered by a significant market decline, forcing the liquidation of long positions and resulting in substantial losses. This serves as a reminder for investors to exercise caution in the cryptocurrency market, manage risks, and avoid blindly chasing gains or selling off in a panic, in order to prevent significant losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Recently, the cryptocurrency market has been extremely volatile, resulting in a large number of contract liquidations.
Within the past 24 hours, the total amount of liquidated contracts across the entire network has reached $683 million, with long positions accounting for the majority of liquidations.
ETH experienced a significant decline, making it one of the main contributors to liquidations, accounting for 24.22% of the total liquidated amount.
Contract trading carries significant risks, and investors should proceed with caution, manage their positions effectively, and avoid the risk of liquidation.