Binance alone took on more than 40% of the liquidations across the whole market.
Over the past 24 hours, total liquidations across the whole network reached $309 million; Binance accounted for $123 million (39.9%). OKX followed with $84.22 million (27.3%). The two exchanges together absorbed two-thirds of all liquidations.
Watching bears for 24 hours is even worse; Binance bears were liquidated for 71.17 million, which is nearly 40% more than the 51.96 million liquidated on the long side. In the past hour, the market mood has flipped: the entire network saw $20.51 million liquidated, and 94.5% of it was longs getting hit.
Chasing shorts on this day isn’t easy; don’t get too quick to relax if you’re chasing longs, either.
$BTC $ETH
How much longer can the long side take a beating this time?
Check in real time: https://www.coinboss.com/liquidations