#Binance futures liquidations exceed $285 million#
Hot Topic Overview
Overview
Binance futures saw massive liquidation recently, with a total of $285 million liquidated across the entire network in the past 24 hours. Out of this, $190 million was from short positions. In the past hour alone, $56.69 million was liquidated, with $52.29 million coming from short positions. This liquidation event mainly concentrated on short positions, with $15.29 million liquidated from BTC and $58.50 million from ETH.
Ace Hot Topic Analysis
Analysis
Binance futures saw over $285 million in liquidations in the past 24 hours, with $190 million in short liquidations, accounting for 66.67% of the total. Data shows that the total liquidation amount in the past hour also reached $56.69 million, with $52.29 million in short liquidations, accounting for 92.4% of the total. This indicates that market sentiment is leaning towards bullish, with short sellers suffering major losses. Specifically, BTC saw $15.29 million in liquidations, accounting for 26.96% of the total in the past hour, while ETH saw $58.5 million in liquidations, accounting for 20.51% of the total in the past 24 hours. This phenomenon may be related to recent market trends, such as the 2.93% rise in Bitcoin price and the 6.91% rise in Ethereum price in the past 24 hours.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance futures liquidation amount is huge, with over 285 million US dollars liquidated in the past 24 hours.
Liquidation is mainly concentrated on short positions, indicating a strong bearish sentiment in the market.
BTC and ETH are the main coins for liquidation, accounting for 26.96% and 20.51% of the total liquidation amount respectively.
Data is for reference only, not representative of market trends. Investors should exercise caution.