#Binance Liquidation Exceeds $200 Million#
Hot Topic Overview
Overview
Recently, there has been a massive margin call event on the Binance platform. In the past 24 hours, the total margin call amount across the entire network reached $228 million, of which $148 million was from short positions, accounting for 65% of the total margin call amount. In the past hour, the total margin call amount across the entire network reached $12.54 million, of which $11.03 million was from short positions, accounting for 88% of the total margin call amount. This margin call event was mainly concentrated on BTC contracts. In the past 24 hours, BTC margin call amount reached $69.53 million, accounting for 30.47% of the total margin call amount. In the past hour, BTC margin call amount was $3.36 million, accounting for 26.86% of the total margin call amount.
Ace Hot Topic Analysis
Analysis
Recently, a large-scale liquidation event on the Binance platform has drawn market attention. Data shows that the total amount of liquidated contracts on the Binance platform in the past 24 hours reached $228 million, with $148 million in short positions liquidated, accounting for over 65%. In the past hour alone, the total amount of liquidated contracts reached $12.54 million, with $11.03 million in short positions liquidated, accounting for over 88%. This indicates that recent market sentiment is bullish, with a large number of short positions being liquidated, leading to frequent liquidation events. It is worth noting that BTC has risen by over 4% in the past 24 hours, which may be one of the main reasons for the short liquidation. Overall, this Binance liquidation event reflects the increased volatility of the market, and investors need to be cautious in their operations and control risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance BTC contract liquidation amount is huge, with over $228 million liquidated in the past 24 hours.
Short positions are mainly liquidated, with over $148 million liquidated in the past 24 hours.
BTC price rise leads to short liquidation, with BTC price rising over 4.30% in the past 24 hours.
Liquidation data is for reference only and does not constitute investment advice.