#Binance liquidations exceed $10 million#

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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 which $79.44 million were long positions. BTC liquidation amounted to $13.11 million, accounting for 10.44%. Additionally, the total liquidated contracts across the entire network in the past hour reached $11.42 million, with $9.25 million in long positions and $3.7 million in ETH liquidation, accounting for 32.42%. This liquidation event mainly concentrated on long positions, reflecting a strong bullish sentiment towards the price trend in the market. However, it also serves as a reminder for investors to pay attention to risk control and avoid excessive leverage operations.

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Binance 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, accounting for 63.55% of the total liquidation amount. Among them, Bitcoin liquidation reached $13.11 million, accounting for 10.44% of the total liquidation amount. In addition, the total liquidation amount across all contracts in the past hour also reached $11.42 million, with $9.25 million in long positions liquidated, accounting for 81.04% of the total liquidation amount. Among them, Ethereum liquidation reached $3.7 million, accounting for 32.42% of the total liquidation amount. This indicates that the market has been volatile recently, and long positions are facing significant risks. Investors need to be cautious in their operations and control their risks.

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Recent Binance platform has experienced a large-scale liquidation event, with total liquidation amount exceeding $100 million.

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The liquidation event mainly concentrated on long positions, indicating bullish market sentiment, but the market volatility is high and the risk is also high.

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BTC and ETH are the main liquidated cryptocurrencies, with $13.11 million and $3.7 million liquidated respectively.

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Data is for reference only, investment should be cautious, do not blindly chase the rise and fall.

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