#Crypto market sees over $200 million in liquidations#
Hot Topic Overview
Overview
There has been a large-scale margin call phenomenon in the cryptocurrency market recently. In the past 24 hours, the total margin call amount across the entire network has reached $285 million, with $190 million in short positions being liquidated, accounting for 66.67% of the total margin call amount. ETH margin calls amounted to $58.5 million, accounting for 20.51% of the total margin call amount, making it the main currency for margin calls. It is worth noting that in the past hour, the total margin call amount across the entire network also reached $15.05 million, with $14.01 million in long positions being liquidated, accounting for 93.08% of the total margin call amount. BTC margin calls amounted to $7.11 million, accounting for 47.27% of the total margin call amount.
Ace Hot Topic Analysis
Analysis
There has been a large-scale liquidation phenomenon in the cryptocurrency market recently. According to statistics, the total amount of contract liquidations across the entire network reached $285 million in the past 24 hours, with $190 million in short liquidations, accounting for 66.67% of the total liquidations. ETH liquidations amounted to $58.5 million, accounting for 20.51% of the total liquidations. However, in the previous hour, the total amount of contract liquidations across the entire network was $15.05 million, with $14.01 million in long liquidations, accounting for 93.08% of the total liquidations, and $7.11 million in BTC liquidations, accounting for 47.27% of the total liquidations. This indicates that the cryptocurrency market has been experiencing extreme volatility recently, and both longs and shorts are facing significant risks. Investors need to be cautious in their operations, control their positions, avoid excessive leverage, and reduce the risk of liquidation.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The majority of liquidations in the crypto market are concentrated in short positions, indicating strong bullish sentiment.
ETH liquidations account for a significant proportion, suggesting strong bullish expectations for ETH.
The market is highly volatile in the short term. Investors need to be cautious in their operations and manage risks.
Contract trading carries high risks. Please participate cautiously and avoid liquidation losses.