$Q This 15-minute move directly dropped 23%. Trading volume surged to more than 5 times. OI fell in sync by 19%, and the notional position size shrank by almost 40%.
This isn’t new shorts entering; it’s more like the longs couldn’t hold on and got liquidated—or, put another way, they actively cut.
The funding rate had been hanging near recent highs. On Binance, the liquidation data also shows more sell-side concentration, and in just 5 minutes it cleared out 315K.
The price is approaching its own historical extreme zone, and the entire pool’s abnormality ranking is #1.
In plain terms: leverage longs got cleaned out. At $Q ’s current level, whether you can catch it—or dare to—depends on your position and stop-loss logic. Don’t get emotional.
This isn’t new shorts entering; it’s more like the longs couldn’t hold on and got liquidated—or, put another way, they actively cut.
The funding rate had been hanging near recent highs. On Binance, the liquidation data also shows more sell-side concentration, and in just 5 minutes it cleared out 315K.
The price is approaching its own historical extreme zone, and the entire pool’s abnormality ranking is #1.
In plain terms: leverage longs got cleaned out. At $Q ’s current level, whether you can catch it—or dare to—depends on your position and stop-loss logic. Don’t get emotional.