Over the past 4 hours, Binance futures liquidations totaled approximately $5.01 million. Long positions accounted for 40.3%, and the largest was $STRK .
Let's use this figure to talk about liquidation data.
When a long position is liquidated, the system closes it by selling at market price; when a short position is liquidated, the system closes it by buying at market price.
When liquidation amounts are high, market sentiment is often at an extreme. Placing impulsive orders at times like these can easily mean chasing the market at its most volatile.
Leave yourself some room when trading futures, and don't let a sudden move wipe out your position.
#STRK #Tether冻结Ledger盗窃案相关USDT
Just take it as something to listen to—don't follow it blindly. Make your own decisions.
Let's use this figure to talk about liquidation data.
When a long position is liquidated, the system closes it by selling at market price; when a short position is liquidated, the system closes it by buying at market price.
When liquidation amounts are high, market sentiment is often at an extreme. Placing impulsive orders at times like these can easily mean chasing the market at its most volatile.
Leave yourself some room when trading futures, and don't let a sudden move wipe out your position.
#STRK #Tether冻结Ledger盗窃案相关USDT
Just take it as something to listen to—don't follow it blindly. Make your own decisions.