#Over \$100 million in cryptocurrency losses.#
Hot Topic Overview
Overview
Recent cryptocurrency market margin calls have been severe. In the past 24 hours, the total amount of liquidated contracts across the entire network has reached $286 million, with $188 million in long positions liquidated, accounting for over 65%. BTC liquidation amounted to $66.7 million, representing 23.29% of the total liquidation amount. In the past hour, the total amount of liquidated contracts across the entire network was $10.08 million, with $5.78 million in short positions liquidated, accounting for over 57%. DOGE liquidation reached $2.71 million, representing 26.92% of the total liquidation amount.
Ace Hot Topic Analysis
Analysis
The cryptocurrency market has witnessed a significant surge in liquidations recently. Data reveals that total liquidations across all exchanges reached $286 million in the past 24 hours, with long positions accounting for $188 million, representing 65.77% of the total. BTC liquidations alone amounted to $66.7 million, comprising 23.29% of the overall liquidations. Looking back to the previous hour, total liquidations amounted to $10.08 million, with short positions experiencing $5.78 million in liquidations, representing 57.36% of the total. DOGE liquidations reached $2.71 million, contributing 26.92% to the overall liquidations. This indicates that the market is experiencing intense volatility, exposing both bulls and bears to substantial risks. Investors are advised to exercise caution, manage their positions, and avoid excessive leverage to mitigate the risk of liquidations.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The phenomenon of cryptocurrency liquidation is happening frequently, with total liquidation amount reaching $286 million across the entire network in the past 24 hours.
Long positions are the main cause of liquidation, with BTC liquidation accounting for a significant proportion, reaching $66.7 million.
Volatility in cryptocurrency prices is leading to frequent liquidation events, investors should be cautious in their operations.
Contract trading carries high risks, investors should invest rationally, control their positions, and avoid excessive leverage.