#BTC Short Liquidation Reaches $148 Million#
Hot Topic Overview
Overview
The recent surge in Bitcoin prices has led to a large number of short positions being liquidated. Data shows that in the past 24 hours, the total amount of liquidated contracts across the network reached $228 million, with $148 million of those being short positions, accounting for 30.47% of the total liquidated amount. In the past hour alone, the total amount of liquidated contracts across the network reached $12.54 million, with $11.03 million being short positions, accounting for 26.86% of the total liquidated amount. This indicates that the Bitcoin market has been experiencing significant volatility recently, with short sellers suffering major losses, and market sentiment leaning towards bullish.
Ace Hot Topic Analysis
Analysis
Recently, the price of Bitcoin has surged significantly, resulting in a large number of short positions being liquidated. Data shows that in the past 24 hours, the total liquidation amount across all exchanges reached $228 million, with $148 million of it being short positions, accounting for 30.47% of the total liquidation amount. In the past hour, the total liquidation amount across all exchanges reached $12.54 million, with $11.03 million of it being short positions, accounting for 26.86% of the total liquidation amount. This indicates that there are a large number of investors shorting Bitcoin in the market. The rapid rise in the price of Bitcoin has forced them to close their positions, resulting in huge losses. This phenomenon also reflects the divergence of views on the future price trend of Bitcoin in the market. Some investors believe that the price of Bitcoin will continue to rise, while others believe that the price of Bitcoin will retrace.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BTC price surged sharply, leading to a large number of liquidations.
In the past 24 hours, the total amount of liquidated contracts across all exchanges reached $228 million, of which $148 million were from short positions.
Liquidations were primarily concentrated on BTC, accounting for 30.47% of the total liquidated amount.
Data is for reference only and does not constitute investment advice.