#ETH and BTC liquidations exceed 10 million#

Recently, the cryptocurrency market has witnessed a large-scale liquidation, with Bitcoin (BTC) and Ethereum (ETH) perpetual contract liquidations exceeding $5.14 million and $9.14 million respectively. This indicates significant market volatility and divergent views among investors regarding future price movements. Some analysts believe that these large liquidations could be a result of major players manipulating the market, and investors need to closely monitor market trends. For example, information mentioned in the article such as "real-time monitoring of large orders in the market, automatically generating and pushing reports" and "major orders displayed as horizontal lines on the K-line, thicker lines represent larger order sizes, and longer lines represent longer order duration" hints that major players may be using large liquidations to influence market prices. However, other analysts argue that these liquidations could be due to market sentiment fluctuations or other factors and do not necessarily reflect the intentions of major players. Therefore, investors need to carefully analyze market information and make decisions based on their own risk tolerance when making investment decisions.