#Binance liquidates over $200 million#
Hot Topic Overview
Overview
Binance recently experienced a massive liquidation event, with a total of $228 million in liquidated contracts across the platform in the past 24 hours. Of this, $148 million was liquidated from short positions, accounting for 65% of the total liquidation amount. In the past hour alone, total liquidated contracts amounted to $12.54 million, with $11.03 million from short positions, representing 88% of the total liquidation amount. This indicates that the recent market volatility has been intense, resulting in significant losses for short sellers while long holders have benefited considerably.
Ace Hot Topic Analysis
Analysis
Recently, Binance has experienced a large-scale liquidation event, drawing market attention. Data shows that the total liquidated amount across all contracts reached $228 million in the past 24 hours, with a higher proportion of short positions liquidated, reaching $148 million. In the past hour alone, the total liquidated amount across all contracts reached $12.54 million, with $11.03 million coming from short positions. This signifies significant market fluctuations, leading to a large number of investors being forcibly liquidated due to their bearish stance on Bitcoin, resulting in substantial losses. This liquidation event mainly concentrated on Bitcoin contracts, with BTC accounting for 30.47% of the 24-hour total liquidated amount and 26.86% of the total liquidated amount in the past hour. This indicates that the intense volatility of Bitcoin prices is the primary cause of this liquidation event.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance recently had a huge amount of BTC contract liquidation, with more than $2.28 billion liquidated in the past 24 hours.
Recent liquidations are mainly short positions, indicating that there are divergences in the market on the trend of BTC price, and some investors are bearish on the trend of BTC price.
The recent rise in BTC price has led to the liquidation of some short positions.
Liquidation data is for reference only and does not represent market trends. Investors should be cautious in their operations.