#Crypto crash wipes out over $800 million#
Hot Topic Overview
Overview
Recent cryptocurrency market crashes have been frequent. According to statistics, the total amount of contract liquidations across the entire network reached $866 million in the past 24 hours, with $673 million in long liquidations, making long positions the main contributors. In the past hour, the total amount of contract liquidations across the entire network was $12.19 million, with short positions being the main contributors, and $6.75 million of BTC liquidations. This shows that the market is experiencing extreme volatility, and investors should operate cautiously and control risks.
Ace Hot Topic Analysis
Analysis
Recent blow-up events in the cryptocurrency market are frequent. According to the latest data, the total amount of contract blow-ups across the entire network in the past 24 hours reached a staggering $866 million, with long positions accounting for the majority at $673 million. ETH blow-ups amounted to $166 million, representing 19.21% of the total blow-up amount. Within the last hour, the total amount of contract blow-ups across the entire network was $12.19 million, primarily driven by short positions, with BTC blow-ups reaching $6.75 million, accounting for 55.38% of the total blow-up amount. This indicates that the cryptocurrency market is experiencing intense fluctuations recently, and both bulls and bears are facing substantial risks. Investors need to exercise caution, manage risks, avoid blindly chasing rallies or selling off, and prevent further losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Coin circle liquidation events mainly focus on long positions, with a total of $866 million liquidated across the entire network in the past 24 hours.
ETH is the main cryptocurrency for liquidation, accounting for 19.21% of the total liquidation amount.
Liquidation events may be related to market fluctuations, such as the 3.19% drop in ETH in the past 24 hours.
Liquidation data is for reference only and does not represent market trends or investment advice.