#Binance liquidates over $200 million#
Hot Topic Overview
Overview
There have been large-scale margin calls on the Binance platform recently, with short positions being the main driver. Data shows that the total margin call amount across all exchanges in the past 24 hours reached $218 million, with short positions accounting for $142 million. In the past hour alone, the total margin call amount across all exchanges reached $14.5 million, with short positions accounting for $13.39 million. This indicates that the market has been experiencing significant volatility recently, and investors need to be cautious in their operations and avoid excessive leverage trading.
Ace Hot Topic Analysis
Analysis
Recently, Binance platform has experienced a large-scale liquidation event, attracting market attention. According to data, the total liquidation amount across all contracts in the past 24 hours reached $218 million, with a higher proportion of short positions liquidated, reaching $142 million. In the past hour alone, the total liquidation amount across all contracts reached $14.5 million, mainly short positions, with BTC liquidation accounting for a significant portion, reaching $6.68 million. This indicates that the market has been experiencing significant volatility recently, leading to substantial losses for investors in contract trading. It is worth noting that liquidation events are not isolated incidents but reflect changes in market sentiment and risk appetite. Investors should exercise caution when engaging in contract trading, manage risk, avoid excessive leverage, and minimize the risk of liquidation.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance BTC contract liquidation amount is huge, with over $218 million liquidated in the past 24 hours.
Short positions are the main liquidation, with over $142 million liquidated in the past 24 hours.
BTC price has been rising recently, leading to a higher proportion of short position liquidations.
Data is for reference only and does not constitute investment advice.