$BTC $ETH
💥Shock!
In the past 24 hours, the entire network has been liquidated for more than 1.2 billion US dollars!
Long orders have become the "hardest hit area". !
The latest data shows that in the past 24 hours, the total amount of liquidation in the entire network has reached 1.221 billion US dollars.
Among them, the amount of long orders liquidated was astonishing, reaching 1.057 billion US dollars, while the short orders liquidated 164 million US dollars.
Judging from the data of the entire network liquidation in the past 24 hours, the proportion of long orders liquidated far exceeds that of short orders, reflecting that the market may have experienced a more drastic decline or price reversal.
When the price trend is contrary to expectations, long order holders suffer heavy losses due to leverage.
This also warns investors that in the cryptocurrency market, leveraged trading may magnify returns, but risks are also multiplied, and market uncertainty may trigger a liquidation crisis at any time.
Both long and short parties need to be more cautious about leverage operations and pay close attention to market dynamics and various potential risk factors to avoid major losses due to market fluctuations.
Follow me and share the latest high-quality market information with you every day, so that you can make a fortune without getting lost!
