Binance futures liquidations totaled $2.5 million in the past hour | Longs accounted for 52.1% | $BTC led
Before discussing funds, let's first understand liquidation data.
Liquidation data pushed by Binance is a sampled snapshot: at most one update per contract per second, so the actual liquidation volume may be higher.
When liquidation amounts are large, market sentiment is often highly charged too. Opening positions impulsively at such times can mean chasing the market at its most volatile.
It’s safer to look for confirmation across multiple indicators than to rely on just one, but even multiple indicators can’t provide a definitive answer.
#BTC
Before discussing funds, let's first understand liquidation data.
Liquidation data pushed by Binance is a sampled snapshot: at most one update per contract per second, so the actual liquidation volume may be higher.
When liquidation amounts are large, market sentiment is often highly charged too. Opening positions impulsively at such times can mean chasing the market at its most volatile.
It’s safer to look for confirmation across multiple indicators than to rely on just one, but even multiple indicators can’t provide a definitive answer.
#BTC