#Over $500 million liquidated in the crypto market.#
Hot Topic Overview
Overview
Recent cryptocurrency market crashes have been severe, with total liquidations reaching $552 million in the past 24 hours, of which $459 million were long positions. BTC liquidations amounted to $125 million, accounting for 22.77% of the total liquidations. Additionally, total contract liquidations in the past hour reached $26.47 million, with $21.84 million in long positions. ETH liquidations amounted to $7.7 million, accounting for 29.09% of the total liquidations.
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 contracts 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, leading to the forced liquidation of long positions. Notably, the total liquidation amount across all contracts in the past hour also reached $26.47 million, with $21.84 million in long positions liquidated, further confirming the market panic. While the data is for reference only, this phenomenon reflects the intense volatility of the cryptocurrency market, urging investors to exercise caution and implement effective risk management strategies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Recently, there has been a large-scale margin call in the cryptocurrency market, with a total amount exceeding $500 million.
The margin call is mainly concentrated on long positions, indicating a strong bullish sentiment in the market.
BTC and ETH are the main cryptocurrencies involved in the margin call, with $125 million and $7.7 million respectively.
Data is for reference only and does not constitute investment advice.