Jokes aside, Binance futures saw approximately $109 million in liquidations over the past 4 hours, with long positions accounting for 95.8%. The most liquidated account was $ETH .
My hard-and-fast rule: keep leverage low enough to sleep soundly, and set stop-loss levels more reliably than my wake-up alarm.
A quick serious explanation: the higher the leverage, the closer the liquidation price is to the entry price. The market doesn't need to move much for a position to be liquidated.
All data describes past market movements; the market could just as easily move in the opposite direction.
My hard-and-fast rule: keep leverage low enough to sleep soundly, and set stop-loss levels more reliably than my wake-up alarm.
A quick serious explanation: the higher the leverage, the closer the liquidation price is to the entry price. The market doesn't need to move much for a position to be liquidated.
All data describes past market movements; the market could just as easily move in the opposite direction.