#Crypto market sees over $100 million in liquidations.#
Hot Topic Overview
Overview
Recent cryptocurrency margin calls have been severe. According to statistics, the total amount of liquidated contracts across the entire network has reached $121 million in the past 24 hours, of which $92.64 million were long positions. In the past hour, the total amount of liquidated contracts across the entire network has reached $10.41 million, of which $10.31 million were long positions. This means that the recent market volatility has been significant, with long-term investors suffering heavy losses. BTC accounts for 22.72% and 22.02% of the liquidated amount, respectively, making it the main cryptocurrency being liquidated.
Ace Hot Topic Analysis
Analysis
Recent cryptocurrency market crashes have been frequent. According to the latest data, total contract liquidations across all exchanges reached $121 million in the past 24 hours, with long positions accounting for $92.64 million, or 76.6% of the total. In the past hour alone, total contract liquidations reached $10.41 million, with long positions accounting for $10.31 million, or 99.04% of the total. This means that in the past 24 hours, a large number of investors have been liquidated by market sell-offs while they were bullish on Bitcoin, resulting in huge losses. Among them, Bitcoin liquidations accounted for a higher proportion of total liquidations, at 22.72% and 22.02% respectively, indicating that Bitcoin remains highly volatile, and investors need to be cautious in their operations.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Recently, the amount of liquidation in the cryptocurrency market has been enormous, exceeding $1.21 billion in the past 24 hours.
Liquidation is primarily driven by long positions, indicating a bullish market sentiment, but with high price volatility and risks.
BTC is the primary cryptocurrency for liquidation, accounting for over 20% of the total liquidated amount, highlighting the significant impact of BTC price fluctuations on the market.
Liquidation data is for reference only and does not represent market trends. Investors should exercise caution and manage risks.