#ETH Liquidation#

Recent ETH short-selling explosions have been frequent. Data shows that the total contract liquidation amount across the entire network in the past 24 hours was as high as $111 million, of which short-selling liquidation amounted to $69.72 million, accounting for 62.7% of the total liquidation amount. In the past hour, the total contract liquidation amount across the entire network was $10.98 million, with short-selling liquidation reaching $10.66 million, accounting for 97.07% of the total liquidation amount. This indicates that the short-selling force in the ETH market has been strong recently. However, due to the 1.24% rise in ETH prices in the past 24 hours, short-selling positions were forcibly liquidated, leading to a large number of short-selling liquidations. It is worth noting that although ETH prices fell 1.32% in the past hour, short-selling liquidation still accounted for the vast majority of the total liquidation amount, suggesting that short-selling sentiment remains strong, and the market may still face significant volatility risks in the short term.