#Crypto market sees over $10 million in liquidations.#

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Overview

Recent crypto market blow-up events have been happening frequently. Data shows that the total liquidation amount across the entire network reached $866 million in the past 24 hours, with long positions accounting for the vast majority at $673 million. ETH liquidation amounted to $166 million, representing 19.21% of the total liquidation. In the past hour, the total liquidation across the entire network also reached $90.05 million, of which long positions liquidated approximately $17.29 million and short positions liquidated approximately $72.76 million. It is worth noting that in the past hour, the total liquidation across the entire network also reached $10.05 million, with long positions liquidated $6.15 million, BTC liquidation $3.22 million, accounting for 32.12% of the total liquidation.

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Analysis

Recent crypto market blow-up events have been happening frequently. According to the latest data, the total liquidation amount across the entire network in the past 24 hours reached $866 million, with long positions accounting for the vast majority at $673 million. Ethereum (ETH) experienced the highest liquidation amount at $166 million, representing 19.21% of the total liquidation amount. In the past hour, the total liquidation amount across the entire network exceeded $90.05 million, with long positions accounting for approximately $17.29 million, while short positions accounted for approximately $72.76 million. Notably, in the past hour, the total liquidation amount across the entire network also reached $10.05 million, with long positions accounting for $6.15 million, and Bitcoin (BTC) liquidation amounting to $3.22 million, representing 32.12% of the total liquidation amount. These figures indicate that the crypto market has been experiencing significant fluctuations recently, and long positions are facing substantial risks. Investors should exercise caution in their trading activities and manage their risks effectively.

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cryptocurrency market liquidation mainly concentrated on long positions

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ETH and BTC are the main cryptocurrencies for liquidation

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the amount of liquidation is huge

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the total amount of liquidation across the entire network in the past 24 hours exceeded 800 million USD

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liquidation events are occurring frequently

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the amount of liquidation in the past hour also exceeded 90 million USD

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