#ETH Short Liquidation Reaches $69.72 Million#

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Overview

The ETH market has experienced significant fluctuations recently. In the past 24 hours, the total amount of liquidated contracts across the entire network reached $111 million, with $69.72 million in short positions liquidated, accounting for 62.7% of the total liquidated amount. Although the price of ETH has risen by 1.24% in the past 24 hours, short sellers still suffered huge losses. It is worth noting that the total amount of liquidated contracts across the entire network in the past hour also reached $10.98 million, of which $10.66 million were liquidated short positions, accounting for 97.07% of the total liquidated amount, indicating that market sentiment remains cautious and short-selling pressure is still significant.

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Analysis

Recent ETH short-selling explosions have attracted market attention. Data shows that in the past 24 hours, the total amount of contracts exploded across the network reached $111 million, of which the amount of short-selling explosions reached $69.72 million, accounting for 62.7% of the total amount of explosions. In the past hour, the total amount of contracts exploded across the network was $10.98 million, of which the amount of short-selling explosions was $10.66 million, accounting for 97.07% of the total amount of explosions. This shows that the ETH market has experienced significant volatility recently, with strong short-selling forces leading to a large number of short-selling explosions. It is worth noting that while the ETH price has risen by 1.24% in the past 24 hours, it has fallen by 1.32% in the past hour, indicating that market sentiment is complex and there is still significant uncertainty in the short term. Investors need to operate cautiously, closely monitor market changes, and avoid excessive chasing of gains and selling of losses.

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ETH short liquidation scale is huge, with nearly $111 million liquidated in the past 24 hours.

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Short liquidation is the main reason for the ETH price fluctuation this time, accounting for 62.7% of the total liquidation amount.

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ETH price has risen by 1.24% in the past 24 hours.

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Liquidation data is for reference only and does not represent market trend or investment advice.

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