Binance futures liquidation push statistics show that in the past 1 hour, the visible liquidations were about $340 million, with long positions accounting for 0%.
$340 million measures the liquidation scale that can be seen from the pushes during this hour. In terms of methodology, each trading pair pushes only the latest record per second, so $340 million is only the visible portion; the actual liquidations would be even larger.
A 0% share of long positions means that this batch of visible liquidations did not fall on longs; shorts were concentrated and cleared out, making the liquidation direction highly one-sided.
Both numbers correspond only to the abnormal movement that has already occurred and do not extend to the subsequent price path.
#MarketMovement
$340 million measures the liquidation scale that can be seen from the pushes during this hour. In terms of methodology, each trading pair pushes only the latest record per second, so $340 million is only the visible portion; the actual liquidations would be even larger.
A 0% share of long positions means that this batch of visible liquidations did not fall on longs; shorts were concentrated and cleared out, making the liquidation direction highly one-sided.
Both numbers correspond only to the abnormal movement that has already occurred and do not extend to the subsequent price path.
#MarketMovement