#Crypto crash exceeds $285 million#
Hot Topic Overview
Overview
There has been a massive liquidation in the crypto market recently. The total liquidation amount across all exchanges in the past 24 hours reached $285 million, with short positions being liquidated the most. ETH liquidation amounted to $58.5 million, accounting for 20.51%. In the past hour, the total liquidation amount across all exchanges reached $15.05 million, with long positions being liquidated the most. BTC liquidation amounted to $7.11 million, accounting for 47.27%.
Ace Hot Topic Analysis
Analysis
There has been a large-scale liquidation in the cryptocurrency market recently. According to statistics, the total liquidation amount of all contracts on the entire network reached $285 million in the past 24 hours, of which $190 million was liquidated from short positions, accounting for 66.67% of the total liquidation amount. ETH liquidation reached $58.5 million, accounting for 20.51% of the total liquidation amount, becoming the main force of liquidation. Meanwhile, in the previous hour, the total liquidation amount of all contracts on the entire network was $15.05 million, of which $14.01 million was liquidated from long positions, accounting for 93.08% of the total liquidation amount. BTC liquidation reached $7.11 million, accounting for 47.27% of the total liquidation amount, becoming the main force of liquidation. This indicates that the cryptocurrency market has been experiencing volatile fluctuations recently, and both bulls and bears are facing huge risks. Investors need to operate cautiously, control their positions, avoid excessive leverage, and reduce the risk of liquidation.
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Public Sentiment
Discussion Word Cloud
Classic Views
The amount of liquidation in the crypto market is huge, with a total of $285 million liquidated across the entire network in the past 24 hours.
Short positions account for most of the liquidations, with $58.5 million worth of ETH liquidated, accounting for 20.51% of the total liquidation.
The recent volatility in coin prices has led to frequent liquidation events.
Contract trading is a high-risk activity, and investors should proceed with caution.