#Crypto market sees over $200 million in liquidations.#
Hot Topic Overview
Overview
There has been a large-scale margin call in the cryptocurrency market recently. In the past 24 hours, the total amount of liquidated contracts across the entire network reached $285 million, with $190 million of short positions liquidated and $58.5 million of Ethereum liquidated, accounting for 20.51% of the total liquidated amount. Within the past hour, the total amount of liquidated contracts across the entire network also reached $15.05 million, with $14.01 million of long positions liquidated and $7.11 million of Bitcoin liquidated, accounting for 47.27% of the total liquidated amount.
Ace Hot Topic Analysis
Analysis
There has been a large-scale margin call phenomenon in the cryptocurrency circle recently. Data shows that the total margin call amount across the network in the past 24 hours reached $285 million, with $190 million in short positions, accounting for 66.67% of the total margin call amount. ETH margin call reached $58.5 million, accounting for 20.51% of the total margin call amount, becoming the main force of margin call. In the past hour, the total margin call amount across the network was $15.05 million, with $14.01 million in long positions, accounting for 93.08% of the total margin call amount. BTC margin call reached $7.11 million, accounting for 47.27% of the total margin call amount, becoming the main force of margin call. This indicates that the cryptocurrency market has been fluctuating drastically recently. Both short and long positions face huge risks. Investors need to operate cautiously, control risks, and avoid margin calls.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency liquidation phenomenon occurs frequently, with a total liquidation amount of $285 million across the entire network in the past 24 hours.
ETH has seen a significant increase, with a 6.91% rise in the past 24 hours. The proportion of short positions liquidated is relatively high, reaching $190 million.
BTC has seen a relatively smaller increase, with a 1.94% rise in the past 24 hours. The proportion of long positions liquidated is relatively high, reaching $14.01 million.
The cryptocurrency market is highly volatile, and investors need to be cautious and manage their risks.