#Binance liquidations exceed $10 million#
Hot Topic Overview
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 this, $79.44 million was liquidated from long positions, accounting for over 60%. BTC liquidation amounted to $13.11 million, representing 10.44%, while ETH liquidation reached $3.7 million, accounting for 32.42%. This indicates significant market volatility in recent times, with long positions facing substantial impact. Investors should exercise caution and manage their risk accordingly.
Ace Hot Topic Analysis
Analysis
There have been large-scale liquidations on the Binance platform recently. Data shows that the total liquidation amount across all contracts in the past 24 hours reached $125 million, with $79.44 million in long liquidations, making longs the main victims. Specifically, Bitcoin liquidations amounted to $13.11 million, accounting for 10.44% of the total liquidation amount. Additionally, the total liquidation amount across all contracts in the past hour also reached $11.42 million, with $9.25 million in long liquidations. Among them, Ethereum liquidations reached $3.7 million, accounting for 32.42% of the total liquidation amount. This indicates that the market has been experiencing significant volatility recently. Investors should exercise caution when trading, avoid excessive leverage, and manage their risks.
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 were mainly concentrated on long positions, indicating a bullish market sentiment, but the market volatility is high, and the risk is also high.
BTC and ETH were the main cryptocurrencies liquidated, with $13.11 million and $3.7 million liquidated respectively.
The liquidation events remind investors to pay attention to market risks, operate cautiously, and avoid excessive leverage.