#Crypto crash exceeds $400 million#
Hot Topic Overview
Overview
Recent crypto market liquidation events have been severe, with a total of $448 million liquidated across the entire network in the past 24 hours, including $328 million in long positions. SOL has been a standout performer, with a 18.74% increase in the past 24 hours, but it also saw a massive $56.97 million in liquidations, representing 12.69% of the total. Additionally, the total contract liquidation amount across the entire network in the past hour reached $57.32 million, with $51.18 million in long positions liquidated. ETH saw $5.89 million in liquidations, accounting for 10.28% of the total.
Ace Hot Topic Analysis
Analysis
Recent cryptocurrency market crashes have been frequent. According to the latest data, the total amount of liquidated contracts across the entire network reached $448 million in the past 24 hours, with $328 million in long positions liquidated. SOL's price rose by 18.74% in the past 24 hours, but $56.97 million worth of SOL contracts were still liquidated, accounting for 12.69% of the total liquidations. Additionally, the total amount of liquidated contracts across the entire network in the past hour was $57.32 million, with $51.18 million in long positions liquidated. Among them, $5.89 million worth of ETH contracts were liquidated, accounting for 10.28% of the total liquidations. This indicates that the cryptocurrency market has been volatile recently, and long positions are facing significant risks. Investors should proceed with caution, manage their positions, and avoid excessive chasing of price rises and falls.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
cryptocurrency market liquidation mainly concentrated on long positions
SOL and ETH are the main cryptocurrencies that experienced liquidations
the amount of liquidation is huge
over 400 million USD worth of liquidations occurred across the entire network in the past 24 hours
liquidations mainly happened in contract trading