#Binance liquidations exceed $10 million#
Hot Topic Overview
Overview
Binance platform has recently experienced a large-scale liquidation event, with a total of $125 million in liquidated contracts across the entire network in the past 24 hours. Of this, $79.44 million was liquidated from long positions, accounting for 63.55% of the total liquidated amount. Specifically, $13.11 million was liquidated from BTC, accounting for 10.44% of the total liquidated amount, while $3.7 million was liquidated from ETH, accounting for 32.42% of the total liquidated amount. This indicates that the market has been experiencing significant volatility recently, and investors should exercise caution and manage their risks.
Ace Hot Topic Analysis
Analysis
Binance platform has recently experienced a large-scale liquidation event, with a total of $125 million in liquidated contracts across the entire network in the past 24 hours. Of this, $79.44 million was liquidated long positions, making up the majority of the liquidations. Specifically, BTC liquidations amounted to $13.11 million, accounting for 10.44%, while ETH liquidations reached $3.7 million, representing 32.42%. This indicates a cautious market sentiment, with weak bullish momentum, and the market as a whole is in a stage of consolidation and adjustment. It is important to note that liquidation data is for reference only and does not represent future market trends. Investors should invest rationally, manage risks, and avoid blindly chasing rallies or selling off.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Recent Binance platform experienced a large-scale liquidation event, with total liquidation amount exceeding $100 million.
The liquidation event mainly concentrated on long positions, indicating bullish market sentiment, but price fluctuations led to long positions stop-loss.
BTC and ETH are the main liquidated cryptocurrencies, accounting for 10.44% and 32.42% of the total liquidation amount respectively.
The liquidation event reminds investors to pay attention to market risks, operate cautiously, control positions, and avoid excessive leverage.