#Over $100 million lost in crypto market crash.#
Hot Topic Overview
Overview
Recent crypto market blow-ups have been severe. In the past 24 hours, the total amount of liquidated contracts across all exchanges has reached $121 million, with $92.64 million in long positions liquidated, accounting for 76.5% of the total. In the past hour, the total amount of liquidated contracts has also reached $10.41 million, with $10.31 million in long positions liquidated, accounting for 99.04% of the total. This indicates significant market volatility in the near term, with long-term investors suffering heavy losses.
Ace Hot Topic Analysis
Analysis
Recent crypto market blow-up events have been occurring frequently. According to the latest data, the total amount of liquidations across the entire network in the past 24 hours reached a staggering $121 million, with long positions accounting for $92.64 million, representing 76.57% of the total liquidations. Notably, within the past hour alone, the total amount of liquidations reached $10.41 million, with long positions accounting for $10.31 million, representing 99.04% of the total liquidations. This indicates a pessimistic market sentiment, with long positions being liquidated in large quantities. It is worth noting that although BTC has experienced a slight increase in the past 24 hours, it still recorded $27.57 million in liquidations, accounting for 22.72% of the total liquidations. This suggests that even during market uptrends, significant risk exists. Therefore, it is evident that the current market is experiencing significant volatility, and investors should exercise caution in their trading, manage their positions effectively, avoid excessive leverage, and minimize risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Recently, there was a large-scale margin call in the cryptocurrency market, with a total amount exceeding $100 million.
The margin call was mainly concentrated on long positions, indicating bullish market sentiment, but the market is highly volatile and risky.
BTC accounts for a high proportion of the margin call amount, indicating that BTC price fluctuations have a significant impact on the market.
Data is for reference only and does not constitute investment advice.