📋 Data at a glance: $46.33 million in Binance futures liquidations over the past 4 hours | Longs accounted for 93.3% | $ETH was the largest
· Definition: The amounts reported are based on the notional value of positions, not the money actually lost. With isolated margin, when a 10x leveraged position is liquidated, the loss is mainly the margin—around 10% of the notional value.
· How to read this: Large liquidations mean leverage on that side is being cleared out. Some believe volatility may briefly ease after the flush, but that’s not a rule.
Sizing positions based on where you place your stop-loss is much more reliable than trading on gut feel.
#ETH
· Definition: The amounts reported are based on the notional value of positions, not the money actually lost. With isolated margin, when a 10x leveraged position is liquidated, the loss is mainly the margin—around 10% of the notional value.
· How to read this: Large liquidations mean leverage on that side is being cleared out. Some believe volatility may briefly ease after the flush, but that’s not a rule.
Sizing positions based on where you place your stop-loss is much more reliable than trading on gut feel.
#ETH