#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 which $79.44 million were long positions. 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. Ethereum also experienced liquidation in the past hour, with a total liquidation amount of $11.42 million, of which $9.25 million were long positions, accounting for 81% of the total liquidation amount. This indicates that the market has been experiencing significant volatility recently, and investors need to be cautious in their operations and control their risks.
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 $79.44 million in long positions liquidated, accounting for the majority. Bitcoin liquidation amounted to $13.11 million, representing 10.44% of the total liquidation amount. Additionally, in the past hour, the total liquidation amount across all contracts reached $11.42 million, with $9.25 million in long positions liquidated. Ethereum liquidation amounted to $3.7 million, representing 32.42% of the total liquidation amount. This liquidation event primarily concentrated on long positions, indicating a bearish market sentiment and a cautious outlook among investors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance liquidation events mainly focus on long positions, indicating bullish market sentiment, but price volatility is high and risk is high.
BTC and ETH are the main coins for liquidation, indicating that the market is sensitive to the fluctuations of these two major mainstream coins.
The liquidation amount exceeded $125 million in the past 24 hours, indicating that the market is volatile and investors need to be cautious.
Data is for reference only and does not constitute investment advice.