Liquidation Activity Radar

When looking at liquidation data, first ask who was forced out.

$MINA : Shorts were forced out in concentrated numbers. What we can say for sure is that a squeeze occurred—not that it directly marks the start of a trend.

$NMR : Positions on both sides were forcibly closed, suggesting volatility is clearing out positions—not that the market has already picked a direction.

$RLC : When long liquidations dominate, don’t rush to buy the first dip. First see who steps in after the liquidations are cleared.

When liquidation patterns diverge, watch how trading activity recovers on each side; it’s not something that can be summed up in one sentence.