The entire network has a liquidation of 179 million US dollars, and long orders dominate

Data shows that the total liquidation amount of the entire network in the past 24 hours reached 179 million US dollars, of which long orders liquidated 142 million US dollars, accounting for the majority, and short orders liquidated 37.8893 million US dollars. Specifically, the liquidation amount of BTC was 34.2988 million US dollars, and the liquidation amount of ETH was 56.3217 million US dollars.

Analysis of liquidation data

Long orders dominate the liquidation: This liquidation is mainly concentrated in long orders, especially in the case of large market fluctuations, the risk of leveraged trading is further magnified. BTC and ETH lead: The liquidation amounts of BTC and ETH are 34.2988 million US dollars and 56.3217 million US dollars respectively

Investors should be cautious and reasonably control their positions and leverage ratios

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