#Binance liquidation exceeds $800 million#
Hot Topic Overview
Overview
Binance platform recently experienced a large-scale liquidation event, with a total of $866 million in liquidations across all contracts in the past 24 hours. The majority of these liquidations were long positions, with ETH liquidations accounting for the highest proportion at $166 million. In the past hour, the total liquidation amount across all contracts was $12.19 million, with short positions dominating the liquidations. BTC liquidations accounted for the highest proportion at $6.75 million.
Ace Hot Topic Analysis
Analysis
A recent massive liquidation event on the Binance platform has drawn market attention. Data shows that the total contract liquidation amount across the network reached $866 million in the past 24 hours, with long liquidation dominating at $673 million. ETH liquidation accounted for the highest proportion, reaching $166 million. In the last hour, the total contract liquidation amount across the network was $12.19 million, with short liquidation dominating. BTC liquidation accounted for the highest proportion, reaching $6.75 million. This series of liquidation events indicates that market sentiment is fluctuating drastically, and investors need to be cautious in their operations and control their risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance recently experienced a massive liquidation event, with a total amount exceeding $800 million.
In the past 24 hours, Ethereum (ETH) price has dropped, resulting in primarily long liquidation with an amount exceeding $673 million.
In the past hour, Bitcoin (BTC) price has risen, resulting in primarily short liquidation with an amount exceeding $9.29 million.
The liquidation event reflects market volatility. Investors should operate cautiously and control risks.