For those tracking fund flows: Binance futures liquidations totaled $23.2 million over the past 4 hours, mostly from shorts.
Areas with concentrated liquidations are often where large funds find counterparties: to enter or exit large positions, someone has to be forced to close. $ZEC saw the most liquidations ($6.46 million); watch to see whether a large player steps in to take the other side.
#ZEC
Areas with concentrated liquidations are often where large funds find counterparties: to enter or exit large positions, someone has to be forced to close. $ZEC saw the most liquidations ($6.46 million); watch to see whether a large player steps in to take the other side.
#ZEC