#Binance Liquidations Exceed $100 Million#
Hot Topic Overview
Overview
Binance platform has recently experienced a large-scale liquidation event. The total liquidation amount on the entire network in the past 24 hours has reached $121 million, and $10.41 million was liquidated in the past hour. The liquidation was mainly dominated by long positions. Among them, the liquidation amount of BTC was $27.57 million and $2.29 million, accounting for 22.72% and 22.02% of the total liquidation amount, respectively. Although the price of BTC has slightly increased in the past 24 hours, a large number of long-position investors have still suffered losses due to market fluctuations.
Ace Hot Topic Analysis
Analysis
Binance has recently experienced a large-scale liquidation event. Data shows that the total liquidated amount across all exchanges in the past 24 hours has reached $121 million, with long positions accounting for $92.64 million, or 76.6% of the total liquidated amount. In the past hour, the total liquidated amount across all exchanges has reached $10.41 million, with long positions accounting for $10.31 million, or 99.04% of the total liquidated amount. This indicates that the market has been experiencing significant volatility recently, and many investors have been liquidated in the bull market, with BTC liquidations being the most severe, accounting for 22.72% of the total liquidated amount. This reflects a cautious market sentiment, with investors having divergent views on the market trend, leading to a concentration of long positions. Once the market experiences a significant fluctuation, it triggers large-scale liquidation.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance platform has recently experienced large-scale margin calls, with a total amount exceeding $100 million.
The margin calls are mainly concentrated on long positions, indicating that market sentiment is bullish, but recent price volatility has led to forced liquidation of longs.
BTC margin calls account for a higher proportion, indicating that bitcoin price fluctuations have a significant impact on the market.
Data is for reference only and does not constitute investment advice.