#$285 million in crypto liquidations#
Hot Topic Overview
Overview
There was a massive liquidation in the crypto market recently. In the past 24 hours, the total liquidation amount across all contracts reached $285 million. Among them, $190 million was liquidated from short positions, accounting for 66.67% of the total liquidation amount. ETH liquidated $58.5 million, accounting for 20.51% of the total liquidation amount. Earlier, within the past hour, the total liquidation amount across all contracts reached $15.05 million, among which $14.01 million was liquidated from long positions, accounting for 93.08% of the total liquidation amount. BTC liquidated $7.11 million, accounting for 47.27% of the total liquidation amount.
Ace Hot Topic Analysis
Analysis
There has been a large-scale margin call phenomenon in the crypto market recently. According to statistics, the total amount of margin calls across the network in the past 24 hours reached $285 million, with $190 million in short positions, accounting for over 66%. Ethereum (ETH) had the highest amount of margin calls, reaching $58.5 million, accounting for 20.51% of the total margin call amount. In the previous hour, the total amount of margin calls across the network also reached $15.05 million, with $14.01 million in long positions, accounting for over 93%. Bitcoin (BTC) had the highest amount of margin calls, reaching $7.11 million, accounting for 47.27% of the total margin call amount. This margin call event was mainly caused by drastic market fluctuations. Investors should be cautious in their operations, control their risks, and avoid excessive leverage operations.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency liquidations are mainly concentrated in short positions
ETH liquidation amount is relatively high
BTC liquidation amount is also relatively high
Liquidation data is for reference only