#Crypto crash exceeds $286 million#
Hot Topic Overview
Overview
The crypto market has experienced large-scale liquidations recently. The total amount of liquidated contracts across the entire network in the past 24 hours has reached $286 million, with long positions accounting for the majority. Bitcoin liquidations accounted for 23.29% of the total, reaching $66.7 million. However, in the previous hour, the total amount of liquidated contracts across the entire network was $10.08 million, with short positions accounting for the majority. Dogecoin liquidations accounted for 26.92% of the total, reaching $2.71 million.
Ace Hot Topic Analysis
Analysis
There has been a large-scale margin call phenomenon in the cryptocurrency circle recently. According to statistics, the total margin call amount across the entire network in the past 24 hours has reached US$286 million, with long positions accounting for the majority. Bitcoin margin call amount reached US$66.7 million, accounting for 23.29% of the total margin call amount. Meanwhile, in the past hour, the total margin call amount across the entire network also reached US$10.08 million, with short positions accounting for the majority. Dogecoin margin call amount was US$2.71 million, accounting for 26.92% of the total margin call amount. This indicates that the cryptocurrency market has been experiencing severe volatility recently, and investors should exercise caution, manage risks, and avoid significant losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The amount of liquidation in the cryptocurrency market is huge. In the past 24 hours, the total liquidation across all exchanges was $286 million.
Long positions are the main driver of liquidations, with BTC liquidations reaching $66.7 million, accounting for 23.29% of the total.
Some cryptocurrencies, such as DOGE, have seen short positions liquidated. In the past hour, the total liquidation across all exchanges for DOGE was $10.08 million, with $5.78 million in short liquidations.
Data is for reference only and does not constitute investment advice.