#Over $400 million liquidated in the crypto market.#
Hot Topic Overview
Overview
There has been a large-scale liquidation in the crypto market recently. In the past 24 hours, the total amount of liquidation across the entire network has reached $448 million, with $328 million of which being long liquidations. SOL price rose 18.74% in the past 24 hours, but there was still $56.97 million in liquidation, accounting for 12.69% of the total liquidation amount. In addition, the total amount of liquidation across the entire network in the past hour was $57.32 million, with $51.18 million of which being long liquidations. ETH liquidation amounted to $5.89 million, accounting for 10.28% of the total liquidation amount.
Ace Hot Topic Analysis
Analysis
The recent cryptocurrency market witnessed a large-scale liquidation. According to data, the total liquidation amount across all contracts in the past 24 hours reached $448 million, with $328 million in long positions liquidated. SOL was the major cryptocurrency involved in the liquidation, with $56.97 million liquidated, accounting for 12.69% of the total liquidation amount. SOL price has increased by 18.74% in the past 24 hours, currently trading at $261.06. In addition, the total liquidation amount across all contracts in the past hour also reached $57.32 million, with $51.18 million in long positions liquidated. ETH was the major cryptocurrency involved in the liquidation, with $5.89 million liquidated, accounting for 10.28% of the total liquidation amount. ETH price has decreased by 2.34% in the past 24 hours, currently trading at $3219.62. This liquidation event primarily focused on long positions, indicating that the market had a relatively optimistic expectation of price increases. However, due to the high market volatility, some investors made operational mistakes, ultimately leading to liquidation.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Recently, there has been a large-scale liquidation in the crypto market, with a total amount exceeding $400 million.
The liquidation is mainly concentrated on long positions, indicating that market sentiment is bullish.
SOL and ETH are the main cryptocurrencies for liquidation, accounting for 12.69% and 10.28% of the total liquidation amount, respectively.
Liquidation data is for reference only and does not represent market trends. Investors need to operate cautiously.