In the past hour, Binance futures liquidations totaled $22.82 million, with long positions at $679,000 (3%) and short positions at $22.14 million.
After a liquidation event, I usually look at three things:
① Who got washed out: mainly shorts; the upward move forced a wave of short covering;
② The most concentrated was $BTC ($8.26 million), and the volatility after that is often the most intense;
③ Did open interest fall along with it: if it drops, it means positions were truly cleared out; if it doesn’t, it means new positions are piling in.
Continuous liquidations on both sides usually mean the direction has not yet been decided.
#BTC #Tether冻结Ledger盗窃案相关USDT
After a liquidation event, I usually look at three things:
① Who got washed out: mainly shorts; the upward move forced a wave of short covering;
② The most concentrated was $BTC ($8.26 million), and the volatility after that is often the most intense;
③ Did open interest fall along with it: if it drops, it means positions were truly cleared out; if it doesn’t, it means new positions are piling in.
Continuous liquidations on both sides usually mean the direction has not yet been decided.
#BTC #Tether冻结Ledger盗窃案相关USDT