#BTC, ETH Large Liquidations#

Recently, the BTC and ETH markets have seen massive liquidation events, drawing attention from the market. According to reports, BTC perpetual contracts saw 10.15 million open orders liquidated, while ETH perpetual contracts saw 9.14 million open orders liquidated. These large-scale liquidations could have a significant impact on market price trends. Analysts point out that one can observe the open interest difference indicator to judge the behavior of major players opening and closing positions and follow their actions in a timely manner. Some platforms offer real-time monitoring of large order placements in the market and automatically generate reports and push notifications, helping users understand market dynamics. However, it is important to note that this information is for reference only, and investors should exercise caution and make investment decisions based on their own circumstances.