#Over $500 million liquidated in the crypto market.#
Hot Topic Overview
Overview
There have been large-scale margin calls 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 in long positions liquidated, accounting for 83.17% of the total liquidated amount. Taking Bitcoin as an example, the liquidated amount in the past 24 hours reached $125 million, accounting for 22.77% of the total liquidated amount. In addition, Ethereum also experienced $26.47 million in liquidations in the past hour, with $21.84 million in long positions liquidated, accounting for 82.52% of the total liquidated amount. This indicates that the cryptocurrency market has been experiencing significant volatility recently. Investors should be cautious in their operations, avoid excessive leverage, and control 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 contracts in the past 24 hours reached $552 million, with $459 million in long positions liquidated, accounting for over 80%. The main liquidated cryptocurrency was BTC, with a liquidation amount of $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, accounting for over 80%, of which ETH liquidation amounted to $7.7 million, accounting for 29.09% of the total liquidation amount. This indicates that the market has been experiencing significant volatility recently, with long positions being heavily impacted, leading to large-scale liquidations. Investors should exercise caution, manage risk, avoid excessive leverage, and invest rationally.
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.
The margin call event may be related to market fluctuations and excessive leverage by investors.