#BTC ETH Perpetual Liquidations Exceed 10 Million#

Recently, the BTC and ETH perpetual contract markets witnessed massive liquidations, reaching 10.15 million and 9.14 million pending orders, respectively. This indicates a significant amount of funds engaged in directional trading, potentially having a substantial impact on price trends. The article points out that large orders placed by major players are displayed as horizontal lines on the K-line chart. The thicker the line, the larger the order amount, and the longer the line, the longer the order duration. By monitoring real-time large orders, automated reports can be generated and pushed, providing investors with insights into market movements. However, the article also cautions investors to exercise caution and closely monitor market fluctuations. Given the potential for price volatility due to massive liquidations, investors should implement risk control measures and avoid blindly following the crowd.