#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 $142 million in short positions liquidated, accounting for 65% of the total liquidation amount. In the past hour, the total liquidation amount across all contracts reached $14.5 million, with $13.39 million in short positions liquidated, accounting for 92% of the total liquidation amount. This indicates that market sentiment has recently been bullish, with short sellers suffering heavy losses and a large number of short positions being forcibly liquidated.
Ace Hot Topic Analysis
Analysis
Recently, a large-scale margin call event on the Binance platform has attracted market attention. According to data, the total margin call amount across the entire network reached $218 million in the past 24 hours, with short positions accounting for a higher proportion, reaching $142 million. In the past hour alone, the total margin call amount across the entire network reached $14.5 million, with short positions accounting for $13.39 million. This indicates that there is significant volatility in the market recently, with strong bearish forces leading to a large number of short positions being liquidated. It is worth noting that while BTC rose 1.16% in the past 24 hours, it experienced a slight decline in the past hour, which may be related to the margin call event. Overall, the Binance margin call event reflects the volatility of market sentiment, and investors need to operate cautiously and control risks.
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 dominated liquidations in the past 24 hours, with over $142 million liquidated.
BTC price has risen by over 1% in the past 24 hours.
Liquidation data is for reference only and does not represent market trends.