Liquidation storm! Coinglass data reveals: Both long and short orders suffered huge liquidations!
Liquidation data in the past hour:
According to Coinglass data, there were liquidations of $22.36 million in the entire network in the past hour. Among them, the liquidation amount of Bitcoin (BTC) reached $10.36 million, the liquidation amount of Ethereum (ETH) was $5.03 million, and the liquidation amount of Sol (SOL) was $1.52 million.
Long order liquidation: $2.1 million liquidation:
In this storm, long orders suffered a liquidation of $2.1 million. Long investors in the market may be affected to a certain extent.
Short order liquidation: $20.25 million liquidation:
At the same time, the liquidation amount of short orders was as high as $20.25 million, indicating that short investors in the market also suffered heavy losses in this fluctuation.
What is the reason for the market volatility?
This sudden incident caused market volatility. What do you think caused this large-scale liquidation wave? How do you view future market changes?
