#Crypto market sees over $800 million in liquidations#
Hot Topic Overview
Overview
The recent liquidation amount in the cryptocurrency market has been enormous, with a total of $866 million liquidated across all exchanges in the past 24 hours. Long positions accounted for the majority of liquidations, reaching $673 million. In the past hour, the total liquidated amount across all exchanges reached $12.19 million, with short positions dominating the losses. Bitcoin liquidations accounted for 55.38% of the total. This indicates a significant degree of volatility in the cryptocurrency market. Investors should proceed with caution and manage their risk accordingly.
Ace Hot Topic Analysis
Analysis
Recent events in the cryptocurrency market have seen a large-scale margin call event. Data shows that the total liquidated contract amount across the entire network reached $866 million in the past 24 hours, with long positions accounting for the majority at $673 million. In the last hour, the total liquidated contract amount across the entire network was $12.19 million, with short positions accounting for the majority at $9.29 million. Specifically, in the past 24 hours, the amount of liquidated contracts for Ethereum (ETH) reached $166 million, accounting for 19.21% of the total liquidated amount. In the last hour, the amount of liquidated contracts for Bitcoin (BTC) reached $6.75 million, accounting for 55.38% of the total liquidated amount. This indicates that the cryptocurrency market has been experiencing significant volatility recently, with both bulls and bears facing substantial risks. Investors need to exercise caution and manage their risk effectively.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency liquidation events mainly focus on long positions.
In the past 24 hours, the total amount of liquidation reached 866 million US dollars.
ETH is the main cryptocurrency for liquidation, accounting for 19.21% of the total amount.
Liquidation events mainly occurred on the Binance platform.
Liquidation events may be related to market fluctuations and investor sentiment.