#Binance futures liquidation exceeds 200 million#

There have been large-scale liquidations in the Binance futures market recently, with Ethereum (ETH) and Bitcoin (BTC) being the most significant. According to data, the total liquidation amount across all contracts in the past 24 hours reached $285 million, with $190 million in short liquidations, accounting for 66.67% of the total liquidation amount. Ethereum liquidation amounted to $58.5 million, accounting for 20.51% of the total liquidation amount. In the past hour, the total liquidation amount across all contracts reached $15.05 million, with $14.01 million in long liquidations, accounting for 93.08% of the total liquidation amount. Bitcoin liquidation amounted to $7.11 million, accounting for 47.27% of the total liquidation amount. This indicates that the market has been experiencing significant volatility recently, and both short and long positions face considerable risk. Investors should exercise caution, manage their positions effectively, avoid excessive leverage, and mitigate risk.