𧨠Binance Futures liquidations totaled $5.35 million in the past hour, with $BTC leading.
Donât rush into anythingâunderstand the liquidation data before you act đ
Liquidation (commonly called getting ârektâ) means that when unrealized losses on a leveraged position bring its margin below the maintenance margin requirement, the system automatically closes the position according to its rules.
Donât change your strategy based on a single number, and donât use borrowed money to test what one data point means.
#BTC
Just one personâs perspective; it may not be accurate. Take it with a grain of salt.
Donât rush into anythingâunderstand the liquidation data before you act đ
Liquidation (commonly called getting ârektâ) means that when unrealized losses on a leveraged position bring its margin below the maintenance margin requirement, the system automatically closes the position according to its rules.
Donât change your strategy based on a single number, and donât use borrowed money to test what one data point means.
#BTC
Just one personâs perspective; it may not be accurate. Take it with a grain of salt.