#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 $79.44 million in long positions liquidated. Taking Bitcoin as an example, the liquidation amount in the past 24 hours 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 $9.25 million in long positions liquidated. Among them, the liquidation amount for Ethereum was $3.7 million, accounting for 32.42% of the total liquidation amount. This indicates that the market has been volatile recently, and investors need to operate cautiously and control risks.
Ace Hot Topic Analysis
Analysis
Binance platform has recently experienced a large-scale liquidation event. According to data, the total liquidation amount across all contracts in the past 24 hours reached $125 million, with $79.44 million in long positions liquidated, making longs the main victims. Specifically, BTC liquidation amounted to $13.11 million, accounting for 10.44%, while ETH liquidation reached $3.7 million, accounting for 32.42%. This indicates a cautious market sentiment, with investors adopting a wait-and-see attitude towards future market trends, and weak bullish momentum. It is worth noting that the total liquidation amount across all contracts in the past hour also reached $11.42 million, with $9.25 million in long positions liquidated, suggesting significant market volatility. Investors need to exercise caution and implement effective risk management strategies.
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 $1.25 billion.
Liquidation events are mainly concentrated on long positions, indicating that market sentiment is bullish, but price fluctuations are large, leading to forced liquidation of longs.
BTC and ETH are the main cryptocurrencies for liquidation, with $13.11 million and $3.7 million liquidated respectively, accounting for a high proportion of the total liquidation amount.
Liquidation events remind investors to pay attention to risk control, avoid excessive leverage operations, and stop losses in time to avoid greater losses.