#Binance liquidations exceed $10 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 $125 million, with long positions accounting for the majority. Bitcoin liquidations reached $13.11 million, accounting for 10.44% of the total liquidation amount. In the past hour, the total liquidation amount across all contracts reached $11.42 million, with long positions accounting for $9.25 million. Ethereum liquidations reached $3.7 million, accounting for 32.42% of the total liquidation amount.
Ace Hot Topic Analysis
Analysis
Binance platform has recently experienced a large-scale liquidation event. Data shows that the total liquidation amount across all contracts in the past 24 hours reached $125 million, with $79.44 million in long positions liquidated, making long positions the main victims. Specifically, BTC liquidation amounted to $13.11 million, accounting for 10.44% of the total liquidation amount, while ETH liquidation reached $3.7 million, accounting for 32.42% of the total liquidation amount. Notably, the total liquidation amount across all contracts in the past hour also reached $11.42 million, with $9.25 million in long positions liquidated. This indicates a high level of market panic, with investors exhibiting significant divergence in their market outlook, leading to a massive liquidation of long positions. Currently, BTC is trading around $98,325.63, down 0.04%, while ETH is trading around $3,618.42, down 0.46%.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance recently experienced a large number of liquidation events, with a total amount exceeding $100 million.
Liquidation events are mainly concentrated on long positions, indicating that market sentiment is bullish, but price fluctuations are large.
BTC and ETH are the main currencies for liquidation, accounting for 10.44% and 32.42% of the total liquidation amount, respectively.
Data is for reference only and does not constitute investment advice.