#Over $500 million liquidated in the crypto market.#
Hot Topic Overview
Overview
Recent margin calls in the cryptocurrency market have been severe. Data shows that the total amount of liquidated contracts across the entire network reached $552 million in the past 24 hours, with $459 million in long positions liquidated. The majority of these liquidations were concentrated in BTC and ETH. BTC liquidations reached $125 million, accounting for 22.77% of the total liquidated amount, while ETH liquidations reached $7.7 million, accounting for 29.09% of the total liquidated amount. This indicates that the cryptocurrency market has been experiencing significant volatility recently. Investors should exercise caution when trading, avoid excessive leverage, and manage their risk.
Ace Hot Topic Analysis
Analysis
There has been a large-scale liquidation phenomenon in the cryptocurrency market recently. According to data, 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. 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, accounting for 82.52% of the total liquidation amount. ETH liquidation amounted to $7.7 million, accounting for 29.09% of the total liquidation amount. This indicates that the cryptocurrency market has been experiencing significant volatility recently, and long positions are facing significant risks. Investors need to be cautious in their operations and control their risks.
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 liquidated across the entire network in the past 24 hours.
Liquidations are primarily driven by long positions, with over $125 million in BTC liquidations and over $7.7 million in ETH liquidations.
The decline in cryptocurrency prices is the main reason for the liquidations, with BTC falling over 2.23% and ETH falling over 0.94% in the past 24 hours.
Data is for reference only, actual liquidation situations may vary.