#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 amounted to $13.11 million, representing 10.44% of the total. 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 amounted to $3.7 million, representing 32.42% of the total.
Ace Hot Topic Analysis
Analysis
There have been large-scale margin calls on the Binance platform recently. In the past 24 hours, the total amount of margin calls across the entire network has reached $125 million, of which $79.44 million were long positions. Taking Bitcoin as an example, the amount of margin calls in the past 24 hours reached $13.11 million, accounting for 10.44% of the total margin calls. In the past hour, Ethereum's margin calls reached $11.42 million, of which $9.25 million were long positions, accounting for 32.42% of the total margin calls. This indicates that the market has been volatile recently, and long positions have been significantly impacted, leading to a large number of margin calls. It is important to note that these data are for reference only, and the actual situation may vary.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance platform has 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 market volatility is high and risks are high.
BTC and ETH are the main currencies for liquidation, with $13.11 million and $3.7 million liquidated respectively.
Data is for reference only and does not constitute investment advice.