Market Metrics｜$3.07 million in Binance futures liquidations over the past hour｜Long positions accounted for 33%｜$BTC ranked first
First, a definition: When prices fluctuate sharply, liquidations often happen in clusters: one batch of positions is closed, pushing prices further and triggering the next batch.
Next, how to read this: When liquidations occur across the market, rather than guessing which way prices will move next, first check how far your position is from its liquidation price.
Keep sufficient margin for futures positions. Don’t let a single price spike wipe you out.
#BTC
First, a definition: When prices fluctuate sharply, liquidations often happen in clusters: one batch of positions is closed, pushing prices further and triggering the next batch.
Next, how to read this: When liquidations occur across the market, rather than guessing which way prices will move next, first check how far your position is from its liquidation price.
Keep sufficient margin for futures positions. Don’t let a single price spike wipe you out.
#BTC