#Over $500 million liquidated in the crypto market.#
Hot Topic Overview
Overview
There has been a large-scale liquidation in the cryptocurrency market recently. The total amount of liquidated contracts across the entire network in the past 24 hours reached $552 million, with $459 million of long positions liquidated. Taking Bitcoin as an example, it has fallen by 2.23% in the past 24 hours, with a liquidation amount of $125 million, accounting for 22.77% of the total liquidation amount. In addition, Ethereum also experienced liquidation, with a total of $26.47 million in liquidated contracts across the entire network in the past hour, of which $21.84 million were long positions, accounting for 29.09%. This indicates that market sentiment is rather pessimistic, investors are cautious about the future market, and the bullish force is relatively weak.
Ace Hot Topic Analysis
Analysis
There has been a large-scale liquidation phenomenon 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. This indicates that the cryptocurrency market has been experiencing intense volatility recently, with long positions suffering heavy losses. Investors should exercise caution and manage their risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency liquidation amount is huge, the total liquidation amount across the network in the past 24 hours is 5.52 billion USD
Long positions are the main liquidation type, with 4.59 billion USD liquidated in the past 24 hours
BTC and ETH have the highest liquidation ratios, at 22.77% and 29.09% respectively
Data is for reference only, actual situation may vary