#Binance Liquidation Exceeds $200 Million#
Hot Topic Overview
Overview
Binance platform has recently experienced a large-scale margin call event. Data shows that the total margin call amount on the entire network reached $228 million in the past 24 hours, with short positions accounting for $148 million, or 65% of the total margin call amount. In the past hour alone, the total margin call amount on the entire network reached $12.54 million, with short positions accounting for $11.03 million, or 88% of the total margin call amount. This indicates that the market's bearish sentiment towards the price trend of BTC has been strong recently, leading to a large number of short positions being forcibly liquidated, resulting in huge margin call losses.
Ace Hot Topic Analysis
Analysis
Binance has recently experienced a large-scale liquidation event. The total liquidation amount on the entire network in the past 24 hours reached $228 million, with short positions accounting for $148 million, or 65% of the total. In the past hour, the total liquidation amount on the entire network reached $12.54 million, with short positions accounting for $11.03 million, or 88% of the total. This indicates that the short-selling force has been strong in the market recently, but due to the continuous rise of Bitcoin prices, short sellers have been forced to liquidate, resulting in a large amount of funds being liquidated. This liquidation event mainly concentrated on Bitcoin contracts. In the past 24 hours, Bitcoin liquidation amount reached $69.53 million, accounting for 30.47% of the total liquidation amount, while in the past hour, Bitcoin liquidation amount reached $3.36 million, accounting for 26.86% of the total liquidation amount. This indicates that Bitcoin prices are highly volatile, and investors need to be cautious and control risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance BTC contract liquidation amount is huge, the liquidation amount in the past 24 hours has reached 228 million US dollars, and the liquidation amount in the past 1 hour has also reached 12.54 million US dollars.
This liquidation event mainly focused on short positions, indicating that the market sentiment towards BTC price is bearish.
BTC price has risen sharply recently, with an increase of more than 4% in the past 24 hours, which may be the main reason for the liquidation of short positions.
Liquidation data is for reference only and does not represent market trends, investors need to operate cautiously.