#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. Additionally, in the past hour, the total liquidation amount across all contracts reached $11.42 million, with Ethereum liquidations reaching $3.7 million, accounting for 32.42% of the total liquidation amount.
Ace Hot Topic Analysis
Analysis
Recently, Binance platform has experienced a large-scale liquidation event, attracting market attention. According to data, the total liquidation amount across all contracts in the past 24 hours reached $125 million, with long positions accounting for $79.44 million, representing 63.55% of the total liquidation amount. Among them, Bitcoin liquidation amounted to $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, representing 81.03% of the total liquidation amount. Among them, Ethereum liquidation amounted to $3.7 million, accounting for 32.42% of the total liquidation amount. This series of liquidation events mainly concentrated on long positions, indicating a bullish market sentiment. However, due to the recent significant market volatility, some investors have experienced liquidation due to high leverage operations.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance recently experienced a large-scale liquidation event, with a total amount exceeding $100 million.
The liquidation events mainly concentrated on long positions, indicating a high bullish sentiment in the market, but recent price volatility has led to forced liquidations of long positions.
BTC and ETH were the main cryptocurrencies involved in the liquidation, with $13.11 million and $3.7 million liquidated respectively.
The liquidation events remind investors to be aware of market risks, operate cautiously, and avoid excessive leverage.