#Crypto Market Liquidations Exceed $100 Million#
Hot Topic Overview
Overview
The cryptocurrency market has recently seen a large-scale liquidation, with data showing that the total amount of liquidated contracts across the entire network reached $121 million in the past 24 hours. Of this, $92.64 million was from long positions, primarily concentrated in BTC contracts, which saw $27.57 million in liquidations. In the past hour, the total liquidated contract value across the entire network also reached $10.41 million, with long positions again being the main culprit, with BTC liquidations totaling $2.29 million. This indicates that the cryptocurrency market has been experiencing significant volatility recently, and investors need to be cautious and manage their risk.
Ace Hot Topic Analysis
Analysis
The crypto market has seen massive liquidations recently. Data shows that the total liquidation amount across all contracts reached $121 million in the past 24 hours, with long positions accounting for the majority at $92.64 million. In the past hour, the total liquidation amount across all contracts reached $10.41 million, with long positions again accounting for the majority at $10.31 million. It is worth noting that both liquidation events were dominated by BTC liquidations, accounting for 22.72% and 22.02% respectively. This indicates significant market volatility in recent times, and investors should be cautious, avoiding excessive chasing of rallies or selling on dips. It is important to control positions and manage risk effectively.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Recently, the amount of liquidation in the cryptocurrency market has been huge, with over $1.21 billion liquidated in the past 24 hours.
Liquidations are mainly concentrated in long positions, with long positions accounting for over 75% of the total liquidation amount.
BTC is the main cryptocurrency for liquidation, accounting for over 20% of the total liquidation amount.
The cryptocurrency market is highly volatile, investors need to operate cautiously and control risks.