In the past 4 hours, Binance futures liquidations reached $20.42 million, with long positions accounting for only 5.5%. This round has mainly seen shorts being flushed out.
The most concentrated liquidation was $BTC , at $10.83 million.
The widespread liquidation of short positions indicates a very sharp upward move; watch for a pullback after the short squeeze.
#BTC
The most concentrated liquidation was $BTC , at $10.83 million.
The widespread liquidation of short positions indicates a very sharp upward move; watch for a pullback after the short squeeze.
#BTC