Binance futures liquidations totaled $12.33 million over the past 4 hours, with short positions accounting for the majority. Liquidations were most concentrated at $AGT .
Liquidation data can show which side is crowded with leverage. This time, leveraged traders chasing shorts were mostly flushed out—a pattern that typically follows a sharp rally.
Liquidation data can show which side is crowded with leverage. This time, leveraged traders chasing shorts were mostly flushed out—a pattern that typically follows a sharp rally.