🐋 $BTC A $5.48 million long position was liquidated on the perpetual contract, with the price around 73,617.95.
Large liquidations often involve highly leveraged positions unable to withstand volatility.
Binance's liquidation data is a sampled snapshot: for each trading pair, it pushes only the latest event every second, so the actual liquidation volume is often larger.
Indicators can fail, but stop-losses are essential: thinking in advance about what to do if you're wrong is more important than guessing correctly.
Large liquidations often involve highly leveraged positions unable to withstand volatility.
Binance's liquidation data is a sampled snapshot: for each trading pair, it pushes only the latest event every second, so the actual liquidation volume is often larger.
Indicators can fail, but stop-losses are essential: thinking in advance about what to do if you're wrong is more important than guessing correctly.
