#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 liquidated contracts across the entire network in the past 24 hours, of which $79.44 million were long positions. BTC liquidation amounted to $13.11 million, accounting for 10.44%. In addition, the total liquidated contracts across the entire network in the past hour also reached $11.42 million, with $9.25 million in long positions liquidated, and $3.7 million in ETH liquidation, accounting for 32.42%.
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 long positions the main driver of liquidations. Specifically, Bitcoin liquidations 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 was $11.42 million, with $9.25 million in long positions liquidated. 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, with long positions being heavily impacted, leading to a large number of liquidations. It is important to note that the above data is for reference only, and the actual situation may vary.
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 $125 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, control their positions, and avoid excessive leverage.