$UNI Over the past 24 hours, about $904,000 in long positions were liquidated, compared with about $199,000 in shorts—roughly 4.6 times as much. Total liquidations came to about $1.102 million. The largest single liquidation was a Binance long, at about $98,700; total open interest across the market was about $173 million.

Spot prices on the two exchanges were nearly identical: about 7.217 on Binance and 7.213 on OKX. Prices haven’t diverged, but liquidations have hit longs overwhelmingly.

Do you trust the liquidation direction, or check first whether open interest has also dropped?

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