Over the past 4 hours, $10.7 million in Binance futures positions were liquidated. Longs accounted for just 24.6%, so this round of liquidations was mostly short sellers getting wiped out.
The largest liquidations were in $BTC , at $2.92 million.
Widespread short liquidations suggest a strong upward move. Watch for a pullback after the short squeeze.

#BTC

Make your own decisions when buying or selling—don’t follow the crowd blindly.