‼️ Binance futures liquidations totaled $10.17 million over the past 4 hours, with $BTC having the most.
Don’t rush—understand the liquidation data before taking action 👇
Liquidation (also called getting liquidated) means that when losses on a leveraged position cause its margin to fall below the maintenance margin requirement, the system forcibly closes the position according to its rules.
Before taking a leveraged position, consider whether you can withstand the worst-case outcome, then look at what the indicators are telling you.
#BTC
Stay rational, don’t get carried away.
Don’t rush—understand the liquidation data before taking action 👇
Liquidation (also called getting liquidated) means that when losses on a leveraged position cause its margin to fall below the maintenance margin requirement, the system forcibly closes the position according to its rules.
Before taking a leveraged position, consider whether you can withstand the worst-case outcome, then look at what the indicators are telling you.
#BTC
Stay rational, don’t get carried away.