#Over $500 million liquidated in the crypto market.#
Hot Topic Overview
Overview
There has been a large-scale margin call phenomenon in the cryptocurrency market recently. In the past 24 hours, the total amount of margin calls across the entire network reached $552 million, with $459 million in long positions, accounting for 83% of the total margin calls. The amount of BTC margin calls was $125 million, accounting for 22.77% of the total margin calls. In the past hour, the total amount of margin calls across the entire network was $26.47 million, with $21.84 million in long positions, accounting for 82.5% of the total margin calls. The amount of ETH margin calls was $7.7 million, accounting for 29.09% of the total margin calls.
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 83.17% of the total liquidation amount. 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 82.52% of the total liquidation amount. The main liquidated cryptocurrency was ETH, with a liquidation amount of $7.7 million, accounting for 29.09% of the total liquidation amount. The main reason for this liquidation event is the large market fluctuations, which led to the forced liquidation of long positions. Investors are reminded to pay attention to risk control and operate cautiously.
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 strong bullish sentiment in the market, but the price decline has forced longs to close their positions.
BTC and ETH are the main cryptocurrencies involved in the margin call, with $125 million and $7.7 million in margin calls respectively.
Margin call data is for reference only and does not represent market trends. Investors should operate cautiously.