#Binance liquidations exceed $10 million#
Hot Topic Overview
Overview
Binance platform has recently experienced a large-scale liquidation, with a total of $125 million in contract liquidations across the entire network in the past 24 hours, with long positions accounting for the majority. BTC liquidations reached $13.11 million, accounting for 10.44% of the total liquidations. In the past hour, total contract liquidations across the entire network also reached $11.42 million, with ETH liquidations reaching $3.7 million, accounting for 32.42% of the total liquidations. 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, Bitcoin saw $13.11 million in liquidations, accounting for 10.44% of the total, while Ethereum saw $3.7 million in liquidations, accounting for 32.42% of the total. This indicates that the market has been experiencing significant volatility recently, and investors should exercise caution, manage their risk, and avoid excessive leverage to prevent significant losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance liquidation events are mainly dominated by long positions. In the past 24 hours, the total liquidation amount across all exchanges reached $125 million. BTC liquidation amount was $13.11 million, accounting for 10.44% of the total liquidation amount. ETH liquidation amount was $3.7 million, accounting for 32.42% of the total liquidation amount.