#Over $500 million liquidated in the crypto market.#
Hot Topic Overview
Overview
There has been a large-scale liquidation in the cryptocurrency market recently. In the past 24 hours, the total amount of liquidated contracts across the entire network reached $552 million, with $459 million of long positions liquidated. Bitcoin liquidations reached $125 million, accounting for 22.77% of the total liquidations. In the past hour, the total amount of liquidated contracts across the entire network also reached $26.47 million, with $21.84 million of long positions liquidated. Ethereum liquidations amounted to $7.7 million, accounting for 29.09% of the total liquidations. This indicates that the market has been experiencing significant volatility recently, and investors should exercise caution and manage their risks.
Ace Hot Topic Analysis
Analysis
There has been a large-scale liquidation in the cryptocurrency market recently. Data shows that the total liquidation amount across all exchanges in the past 24 hours reached $552 million, with $459 million in long positions liquidated, indicating a dominance of long liquidation. Specifically, BTC saw $125 million in liquidation, accounting for 22.77%, while ETH saw $7.7 million in liquidation, accounting for 29.09%. This suggests a pessimistic market sentiment, with investors adopting a cautious stance towards future market trends and weak bullish momentum. The liquidation event primarily concentrated on major cryptocurrencies like BTC and ETH, which is related to the recent significant market volatility. It's important to note that liquidation data is for reference only and does not represent market trends. Investors should invest cautiously and manage their risks effectively.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The cryptocurrency market has recently seen a large-scale liquidation, with over $552 million in liquidations across the entire network in the past 24 hours.
Liquidations are mainly concentrated on long positions, with over $125 million in BTC liquidations and over $7.7 million in ETH liquidations.
The recent decline in cryptocurrency prices has led to the liquidation of long positions.
Data is for reference only, actual situation may vary.