Over the past hour, Binance futures liquidations totaled approximately $2.13 million. Long positions accounted for 88.9% ($1.89 million in longs / $236,000 in shorts), and the largest liquidation was $BTC ($419,000).
Let’s break this number down.
When prices move sharply, liquidations tend to happen in clusters: one batch of positions gets closed, pushing the price further and triggering the next batch.
Don’t let a single indicator throw off your usual rhythm, and never gamble with borrowed money on a hunch.
#BTC
Just sharing some thoughts—don’t take this as advice.
Let’s break this number down.
When prices move sharply, liquidations tend to happen in clusters: one batch of positions gets closed, pushing the price further and triggering the next batch.
Don’t let a single indicator throw off your usual rhythm, and never gamble with borrowed money on a hunch.
#BTC
Just sharing some thoughts—don’t take this as advice.