A long position worth approximately $250,000 was just liquidated on Binance Futures, as leveraged positions betting on a drop in $SNXXB are being flushed out. The average execution price was 13.6153 USDT, and the liquidation size was 18,333.73. The current price is 13.64 USDT, down 1.45% over the past 24 hours. A single liquidation worth $250,000 shows that in this pullback, the price hit leveraged longs first. The average execution price is very close to the current price, so the liquidation happened near the current market price, rather than in some distant order. In the short term, the key question is whether the price can hold around 13.64 after the leverage has been flushed out—not whether to treat a single liquidation as a directional signal.
#行情异动 #Liquidation