#Over 100 million yuan lost in cryptocurrency market crash.#
Hot Topic Overview
Overview
Recent liquidation events in the cryptocurrency market have been severe. In the past 24 hours, total liquidations across all exchanges have reached $121 million, with long positions accounting for $92.64 million. The majority of these liquidations, totaling $27.57 million, occurred on Bitcoin. In the last hour alone, total liquidations have reached $10.41 million, with long positions accounting for $10.31 million, and $2.29 million of those liquidations occurring on Bitcoin. These events highlight the current volatility of the market, and investors are advised to exercise caution and manage risk effectively.
Ace Hot Topic Analysis
Analysis
Recent cryptocurrency margin calls have been frequent. According to the latest data, the total amount of margin calls across the entire network in the past 24 hours reached $121 million, with the majority of margin calls, reaching $92.64 million, coming from long positions. In the past hour alone, the total amount of margin calls across the entire network reached $10.41 million, with long positions accounting for $10.31 million. This indicates that market sentiment is cautious, with weak bullish forces leading to a large number of long positions being liquidated. Bitcoin accounted for the highest proportion of margin calls, at 22.72% and 22.02% respectively, suggesting that Bitcoin price fluctuations are significant and investors should operate cautiously. It should be noted that the above data is for reference only, and the actual situation may vary.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Recent cryptocurrency liquidation amounts have been huge, with over $121 million liquidated in the past 24 hours and over $10.41 million liquidated in the past hour.
Liquidations are dominated by long positions, indicating bullish sentiment in the market, but with high market volatility, risks are also high.
BTC is the main currency for liquidations, accounting for over 20% of the total liquidation amount, indicating that BTC price fluctuations have a significant impact on the market.
Liquidation data is for reference only and does not represent market trends. Investors should proceed with caution.