#Binance Liquidates Over $800 Million#
Hot Topic Overview
Overview
Recently, Binance platform has witnessed a large-scale liquidation event. The total liquidation amount across all contracts in the past 24 hours reached $866 million, with long positions dominating the losses. ETH liquidation accounted for 19.21%. In the past hour, the total liquidation amount across all contracts was $12.19 million, with short positions dominating the losses. BTC liquidation accounted for 55.38%. This indicates a volatile market, and investors are advised to exercise caution, avoid excessive leverage, and manage risk.
Ace Hot Topic Analysis
Analysis
There have been large-scale liquidations on the Binance platform recently, with total contract liquidations across the entire network reaching $866 million in the past 24 hours. The majority of these liquidations were long positions. ETH liquidations reached $166 million, accounting for 19.21% of the total liquidations. In the past hour, total contract liquidations across the entire network reached $12.19 million, with the majority being short positions. BTC liquidations reached $6.75 million, accounting for 55.38% of the total liquidations. This indicates that the market has been experiencing significant volatility recently. Investors should be cautious in their operations, pay attention to risk control, and avoid significant losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance recently experienced a large-scale liquidation event, with a total amount exceeding $800 million.
In the past 24 hours, the highest liquidation amount on the Binance platform was for Ethereum contracts, reaching $166 million, accounting for 19.21% of the total liquidation amount.
In the past hour, the liquidation amount for Bitcoin contracts on the Binance platform reached $6.75 million, accounting for 55.38% of the total liquidation amount.
This liquidation event mainly involved long positions, indicating a divergence in market sentiment towards cryptocurrency prices, with investors adopting a cautious stance towards future market trends.