Binance futures liquidations totaled $2.11 million in the past hour, with $BTC leading the way.
Don’t rush—understand liquidations before you act.
A liquidation (also called a blowout) occurs when unrealized losses on a leveraged position reduce its margin below the maintenance margin requirement, causing the system to automatically close the position.
When liquidation amounts are large, market sentiment is often equally extreme. Placing an order hastily at such times can easily mean trading at the most volatile point.
All data only summarizes past market movements; prices can move in the opposite direction at any time.
#BTC
This may not be accurate, so don’t treat it as advice.
Don’t rush—understand liquidations before you act.
A liquidation (also called a blowout) occurs when unrealized losses on a leveraged position reduce its margin below the maintenance margin requirement, causing the system to automatically close the position.
When liquidation amounts are large, market sentiment is often equally extreme. Placing an order hastily at such times can easily mean trading at the most volatile point.
All data only summarizes past market movements; prices can move in the opposite direction at any time.
#BTC
This may not be accurate, so don’t treat it as advice.