Here’s the bottom line: OKX saw $1.56 million in liquidations over the past hour, with shorts accounting for 90%. But on Binance, liquidations totaled $1.449 million, split nearly evenly between longs and shorts. The two major exchanges are already moving in different directions.

Of 399 liquidations on OKX, $1.428 million were short positions, accounting for 91.6%—those chasing the drop were the first to get wiped out. Binance had 1,255 liquidations totaling $1.449 million: $778,000 in longs and $671,000 in shorts. There were more small trades, but the direction was far less one-sided.

This isn’t a market-wide short squeeze. If you’re chasing shorts on OKX, the risk is more immediate than a glance at the total would suggest. Binance looks more like longs and shorts liquidating each other—don’t mistake the trend on one exchange for a consensus.

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#交易所爆仓 #合约行情 #ShortLiquidations

Are you more worried that shorts will keep getting squeezed, or that longs will continue to take further losses?

View in real time: https://www.coinboss.com/liquidations