#Over $600 million in crypto liquidations.#
Hot Topic Overview
Overview
The recent cryptocurrency market has witnessed large-scale margin calls, with a total of $683 million liquidated across all exchanges in the past 24 hours. The majority of liquidations were long positions, with ETH leading the way at $165 million, representing 24.22% of the total. In the past hour, a total of $10.57 million was liquidated, with short positions dominating. BTC liquidations amounted to $2.97 million, contributing 28.08% to the total.
Ace Hot Topic Analysis
Analysis
Recent cryptocurrency market crashes have been happening frequently. According to the latest data, the total amount of liquidated contracts across all exchanges in the past 24 hours reached $683 million, with long positions accounting for the majority at $485 million. Ethereum (ETH) became the hardest hit, with $165 million in liquidated positions, accounting for 24.22% of the total amount. In the past hour, the total amount of liquidated contracts across all exchanges was $10.57 million, with short positions accounting for the majority at $9.38 million. Bitcoin (BTC) saw $2.97 million in liquidated positions, accounting for 28.08% of the total amount. This indicates that the cryptocurrency market has been experiencing significant volatility recently, and both bulls and bears face huge risks. Investors should exercise caution and implement effective risk management strategies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency liquidation events are happening frequently, with a total of $683 million liquidated in the past 24 hours.
This liquidation event mainly involves long positions, with long liquidation accounting for over 70% of the total.
ETH is the main cryptocurrency liquidated in this event, accounting for 24.22% of the total.
The market is volatile, investors should be cautious and manage risks.