Are you panicking today?

From December 16th to 17th, the cryptocurrency market experienced severe volatility, with Ethereum (ETH) becoming the hardest hit by liquidations. According to Coinglass data, the total liquidation amount across the network in the past 24 hours exceeded $650 million, with the liquidation amount for Ethereum reaching between $234 million and $246 million, ranking first among all crypto assets, accounting for about 35%-40% of total liquidations. This wave of liquidations mainly targeted long positions, with over 180,000 traders forced to close their positions, and market panic quickly spread. This is the most active community in Binance Square, focused on the construction of Ethereum chain memes! $ETH $BTC $BNB #加密市场回调 #加密市场观察 #ETH走势分析 #巨鲸动向 #MemeWatch2024