Tracking funds note: In the past 1 hour, Binance contracts liquidated $2.01 million, mainly long positions (76.1%).
The areas with concentrated liquidations are often the liquidity source for large capital: when whales want to build large positions, they need others to be forced to close positions. $FIL saw the most concentrated liquidations ($337,000); let's see whether there will be any large opposite-side orders entering next.
Ideas can be wrong at any time; risk is your own responsibility.
The areas with concentrated liquidations are often the liquidity source for large capital: when whales want to build large positions, they need others to be forced to close positions. $FIL saw the most concentrated liquidations ($337,000); let's see whether there will be any large opposite-side orders entering next.
Ideas can be wrong at any time; risk is your own responsibility.