$BTC $ETH
【Shock! $191 million vanished in 4 hours】
The cryptocurrency market is experiencing another "bloodbath"!
According to Coinglass, the total amount of liquidations across the network in the past 4 hours reached a staggering $191 million, with long positions liquidated at $176 million and short positions only at $14.89 million, making the bulls the "hardest hit" in this storm.
The most eye-catching is Ethereum (ETH), with a single asset liquidation amount reaching $68.05 million, firmly holding the number one spot across the network. It's worth noting that recently, the trading volume of ETH contracts has surpassed that of Bitcoin, with a 24-hour trading volume soaring to $111 billion. The market is hot, and the volatility has doubled—within just 4 hours, this figure wiped out nearly $70 million in real cash, more than the net worth of many investors!
Recently, the crypto market has been highly volatile, with BTC breaking through the $110,000 barrier, followed by whales battling on both sides of ETH. A reminder to everyone: leveraged trading may feel great for a moment, but liquidation could lead to a graveyard; in such a market, please don't hesitate to take profits and cut losses!
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