1.08 billion USD liquidation in 24 hours! The cryptocurrency market has become a liquidation battlefield!
In just one day, 328,614 people were ruthlessly swept out of the market, with a total amount of up to 1.08 billion USD! The largest single liquidation occurred in Binance's ETHUSDT trading pair, worth 15.7954 million USD, which directly knocked everyone to their knees! This liquidation storm is definitely the annual "large meat grinder scene" in the cryptocurrency market!
What's more exciting is that the data on Bitcoin's current liquidation strength has been put on the table:
BTC fell to $87,117: the liquidation strength of long orders was only 1.247 billion, and it seems that the long army's defense line is still quite strong. BTC rose to $106,605: the liquidation strength of short orders soared to 5.002 billion! Air Force: Can you please stop calling my name this time?
But it should be noted that the height of the so-called liquidation column reflects more the liquidity sensitivity of the market at these positions, that is, the "domino effect" that may be triggered after the price reaches these points. The higher the liquidation column, the easier it is to trigger violent market fluctuations, directly setting off a bloody storm!
Fluctuations are opportunities! The market can also create gods by cutting people! Which side will you stand on? **For more detailed analysis, remember to follow Uncle Qian, who will take you through the liquidation storm!
