#Crypto market sees over $286 million in liquidations.#

The crypto market has recently seen a large-scale liquidation, with data showing that the total amount of liquidated contracts across the entire network in the past 24 hours reached $286 million. Of this amount, $188 million were long positions, accounting for 65.7% of the total liquidated amount. In the last hour alone, the total liquidated amount across the entire network reached $52.97 million, with long positions accounting for $43.87 million, or 82.8% of the total liquidated amount. This indicates that market volatility has been extreme recently, with long positions taking a significant hit. It is worth noting that although the price of Bitcoin rose by 0.31% in the past 24 hours, $66.7 million worth of Bitcoin contracts were still liquidated, accounting for 23.29% of the total liquidated amount. This demonstrates that even in the event of an increase in coin prices, there are still significant risks. This serves as a reminder for investors to exercise caution and control their risk during times of extreme market volatility, avoiding excessive leverage to prevent liquidation.