#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 liquidation amount 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 liquidation amount. Ethereum also experienced liquidations, with $26.47 million liquidated in the past hour, including $21.84 million of long positions, accounting for 29.09% of the total liquidation amount. This indicates a pessimistic market sentiment, with investors lacking confidence in the market trend, leading to a large number of long positions being forcibly liquidated.
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, accounting for the majority. Among them, BTC liquidation amounted to $125 million, accounting for 22.77% of the total liquidation amount. In addition, the total liquidation amount across all contracts in the past hour also reached $26.47 million, with $21.84 million in long positions liquidated, and ETH liquidation amounted to $7.7 million, accounting for 29.09% of the total liquidation amount. This indicates that market sentiment is rather pessimistic, with investors generally bearish, leading to a large number of long positions being closed. This liquidation event reflects the volatile nature of the cryptocurrency market, and investors need to operate cautiously, control risks, and avoid blindly chasing rallies and selling on dips.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The cryptocurrency market recently experienced a large-scale liquidation, with a total amount exceeding $500 million.
The liquidation was mainly concentrated on long positions, indicating a strong bullish sentiment in the market, but the market volatility is high, and the risk is also high.
BTC and ETH are the main cryptocurrencies that experienced liquidation, indicating that the market is sensitive to the fluctuations of mainstream cryptocurrencies.
Data is for reference only and does not constitute investment advice.