#Over $500 million liquidated in the crypto market.#
Hot Topic Overview
Overview
There has been a large-scale margin call in the cryptocurrency market recently. Data shows that the total margin call amount across the entire network reached $552 million in the past 24 hours, with $459 million in long positions being liquidated, making long positions the main target. Among them, BTC margin calls reached $125 million, accounting for 22.77%, while ETH margin calls reached $7.7 million, accounting for 29.09%. This indicates that market sentiment is pessimistic, and investors are cautious about market trends, leading to a large-scale liquidation of long positions.
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 of the liquidations. Among them, BTC liquidation amounted to $125 million, accounting for 22.77% of the total liquidation amount, while ETH liquidation reached $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 taking a major hit, leading to massive liquidations. Analysts point out that the recent market sentiment has been rather pessimistic, leading to a lack of investor confidence and triggering large-scale liquidations. Additionally, the recent lack of market liquidity has also exacerbated market volatility, increasing the risk of liquidation. Investors should exercise caution, manage their risks, avoid excessive leverage, and prevent liquidation losses.
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, but the market volatility is high and the risk is also high.
BTC and ETH are the main cryptocurrencies that have been margin called, with $125 million and $7.7 million respectively.
Data is for reference only, investment should be cautious, do not blindly chase the rise and fall.