#Binance liquidates over $200 million#
Hot Topic Overview
Overview
Binance platform has recently experienced a large-scale liquidation event. In the past 24 hours, the total liquidation amount across all contracts reached $218 million, with short positions accounting for the majority at $142 million. In the past hour alone, the total liquidation amount across all contracts reached $14.5 million, with short positions accounting for $13.39 million. This indicates a divergence in market sentiment regarding the price trend of BTC, with strong bearish forces leading to a large number of short positions being liquidated.
Ace Hot Topic Analysis
Analysis
Recently, Binance platform experienced a large-scale liquidation event. According to statistics, the total liquidation amount across all contracts in the past 24 hours reached $218 million, with short positions accounting for $142 million, representing 65% of the total liquidation amount. In the past hour, the total liquidation amount across all contracts reached $14.5 million, mainly driven by short positions, with BTC liquidation reaching $6.68 million, accounting for 46.08% of the total liquidation amount. This indicates that there is a divergence in market sentiment towards BTC price movement, with short positions being relatively strong. The rapid rise in BTC price has led to a large number of short positions being forcibly liquidated, ultimately triggering a large-scale liquidation event. It is worth noting that these data are for reference only, and the actual liquidation situation may vary.
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 $200 million.
The liquidation events were mainly concentrated on short positions, indicating a divergence in market sentiment towards BTC price movements. Some investors bet on a price decline, but were ultimately defeated by the market's upward trend.
BTC price has risen by over 1% in the past 24 hours, which may have triggered short liquidations as they were unable to withstand the losses caused by the price increase.
The liquidation events remind investors that leveraged trading carries risks and requires careful operation and risk control.