Over the past 1 hours, total market liquidations reached 139000000 USD, with short positions accounting for approximately 88%
BIBIBI
AT A GLANCE
Over the past 1 hours, total market liquidations reached 139000000 USD, including short liquidations of 122000000 USD。
Article
⚡️In the past 1 hours, total market liquidations reached 139000000 USD, mostly short positions
BlockBeats news,November 4, according to Coinglass data, total market liquidations over the past 1 hours reached 139000000 USD, including long liquidations of 17168000 USD and short liquidations of 122000000 USD.
Over the past 24 hours, 102,634 traders were liquidated, with total liquidations amounting to 580000000 USD. The largest single liquidation occurred on Binance - ETHUSDT, valued at 5032800 USD.
Original link:https://m.theblockbeats.info/flash/375537
Key points
01
BlockBeats reported that, according to Coinglass data, over the past 1 hours, total market liquidations reached 139000000 USD。
02
including long liquidations of 17168000 USD and short liquidations of 122000000 USD。
03
Over the past 24 hours, 102,634 traders were liquidated, with total liquidations amounting to 580000000 USD。
04
The largest single liquidation occurred on Binance's ETHUSDT, valued at 5032800 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Liquidation occurs in leveraged trading when losses reach the platform's forced-close threshold, causing the position to be closed automatically. Data shows that short positions accounted for the majority of liquidations over the past 1 hours, but this information alone cannot establish whether prices will subsequently rise or fall.
Why it matters to readers
Large-scale liquidations occurred over a short period, indicating that leveraged positions were affected in a concentrated wave;ETHUSDT saw the largest single liquidation reported.
Leverage amplifies gains and losses. Liquidation data can help beginners understand market risk, but it should not be used as the sole basis for buying or selling.
Risks and unknowns
The evidence did not provide the original Coinglass page or independent cross-verification.
The evidence did not provide spot price, open interest, or funding rate data, so the subsequent market direction cannot be confirmed.
Related Developments
Loading event timeline…
Related concepts
Liquidation
This term is not in the glossary yet. Browse related concepts in the glossary.
