#Crypto market sees over $200 million in liquidations#
Hot Topic Overview
Overview
There has been a large-scale margin call phenomenon in the cryptocurrency market recently. Data shows that the total margin call amount across the entire network in the past 24 hours has reached a staggering $285 million, with $190 million coming from short positions. The main margin call asset is ETH, with a margin call amount of $58.5 million. In the past hour alone, the total margin call amount across the entire network has reached $56.69 million, of which $52.29 million is from short positions, and $15.29 million is from BTC. This indicates that the market has been experiencing intense volatility recently. Investors need to exercise caution when trading and avoid excessive leverage. It is crucial to manage risk effectively.
Ace Hot Topic Analysis
Analysis
Recent cryptocurrency market crashes have been occurring frequently. According to the latest data, the total amount of liquidated contracts across the entire network in the past 24 hours reached $285 million, with $190 million in short positions liquidated, accounting for 66.67% of the total liquidated amount. In the past hour alone, the total amount of liquidated contracts across the entire network reached $56.69 million, with $52.29 million in short positions liquidated, accounting for 92.26% of the total liquidated amount. This indicates that recent market volatility has been intense, with short selling forces being relatively strong, leading to a large number of short position liquidations. Among them, Bitcoin and Ethereum are the main cryptocurrencies that have been liquidated, with $15.29 million and $58.50 million liquidated, respectively. It is important to note that the above data is for reference only, and the actual situation may differ.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency liquidation mainly concentrated on short positions
BTC and ETH are the main cryptocurrencies for liquidation
The liquidation amount exceeded 285 million US dollars in the past 24 hours
The liquidation amount exceeded 56.69 million US dollars in the past 1 hour