Over the past hour, Binance futures liquidations totaled about $3.03 million. Long positions accounted for 10.4%, and $DOT saw the most liquidations.
Folks, how should you read liquidation stats? Here’s the gist👇
In isolated margin mode, a liquidation only costs you the margin allocated to that position. In cross margin mode, your entire account balance can be used to absorb losses.
Don’t add leverage to try to win back losses—this is often how a string of liquidations begins.
Comparing multiple indicators is more reliable than looking at just one, but even a lot of signals can’t give you a definitive answer.
#DOT
Just my personal opinion—don’t take it too seriously.
Folks, how should you read liquidation stats? Here’s the gist👇
In isolated margin mode, a liquidation only costs you the margin allocated to that position. In cross margin mode, your entire account balance can be used to absorb losses.
Don’t add leverage to try to win back losses—this is often how a string of liquidations begins.
Comparing multiple indicators is more reliable than looking at just one, but even a lot of signals can’t give you a definitive answer.
#DOT
Just my personal opinion—don’t take it too seriously.