#Binance Liquidates Over $200 Million#
Hot Topic Overview
Overview
Binance has recently experienced a large-scale liquidation event. According to data, total contract liquidations across the entire network reached $228 million in the past 24 hours, with $148 million in short liquidations accounting for 65% of the total. In the past hour, total contract liquidations reached $12.54 million, with $11.03 million in short liquidations representing 88% of the total. This indicates that recent market volatility has been intense, with short-selling forces being relatively strong, leading to a significant number of short liquidations.
Ace Hot Topic Analysis
Analysis
Recently, a large-scale margin call event on the Binance platform has drawn market attention. Data shows that in the past 24 hours, the total margin call amount across the entire network reached $228 million, with a higher proportion of short positions being liquidated, reaching $148 million. In the past hour alone, the total margin call amount across the entire network reached $12.54 million, with short positions being liquidated, accounting for $11.03 million. This indicates that there is a divergence in the market's outlook on the BTC price trend, with strong short-selling forces leading to a large number of short positions being forcibly liquidated. This margin call event also reflects the increasing market volatility, and investors need to operate cautiously, control risks, and avoid blindly chasing rallies and selling off.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance BTC contract trading experienced a large-scale liquidation, with a total amount exceeding $200 million.
This liquidation was mainly concentrated in short positions, indicating a strong bearish sentiment towards the BTC price.
The BTC price has recently surged significantly, leading to a higher proportion of short position liquidations.
Liquidation data is for reference only and does not represent the market trend. Investors should operate with caution.