Worth watching: Binance futures saw $6.91 million in liquidations over the past 4 hours, on both long and short positions.
Price levels with concentrated liquidations often act as liquidity pools for major players: to enter or exit large positions, they need others to be forced to trade. $BTC saw the most liquidations ($1.26 million); watch to see whether large traders follow the move and enter next.
#BTC
Price levels with concentrated liquidations often act as liquidity pools for major players: to enter or exit large positions, they need others to be forced to trade. $BTC saw the most liquidations ($1.26 million); watch to see whether large traders follow the move and enter next.
#BTC
