#Cryptocurrency market suffers over $100 million in liquidations.#
Hot Topic Overview
Overview
There has been a large-scale liquidation in the cryptocurrency market recently. According to data, the total amount of liquidated contracts across the entire network reached $121 million in the past 24 hours, with $92.64 million in long positions liquidated, accounting for 76.5% of the total liquidation amount. In the past hour, the total amount of liquidated contracts across the entire network was $10.41 million, with $10.31 million in long positions liquidated, accounting for 99.04% of the total liquidation amount. This indicates that the recent market volatility has been intense, with long positions experiencing significant impact, leading to a large number of liquidations.
Ace Hot Topic Analysis
Analysis
Recent crypto market blow-up events have been frequent. According to the latest data, the total amount of liquidated contracts across the entire network in the past 24 hours reached $121 million, with long positions accounting for the majority, reaching $92.64 million. In just the past hour, the total amount of liquidated contracts across the entire network reached $10.41 million, with long positions accounting for $10.31 million. This indicates that market sentiment is currently cautious, with investors having significant differences in their expectations for future market trends, leading to a concentrated blow-up of long positions. Among them, Bitcoin's liquidation amount is relatively high, at $27.57 million and $2.29 million respectively, reflecting the significant price volatility and high risk of Bitcoin. It's worth noting that the above data is for reference only, and the actual situation may vary. Investors should exercise caution when trading, manage their risks, and avoid significant losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Recently, the scale of liquidation in the cryptocurrency market has been huge. In the past 24 hours, the amount of liquidation has exceeded $121 million, and in the past hour, it has exceeded $10.41 million.
Liquidations are mainly concentrated on long positions, indicating that market sentiment is bullish, but recent price fluctuations have led to forced liquidation of longs.
BTC is the main cryptocurrency for liquidation, accounting for over 20% of the total liquidation amount, showing the market's attention and volatility towards BTC.
Contract trading is risky, and investors should exercise caution, control their positions, and avoid excessive leverage.