About $2.3 million in Binance futures liquidations over the past hour, with longs accounting for 62.7%. The largest liquidation was $ETH ($564,000).
A beginner’s burning question: How do you read liquidation statistics?
Binance’s publicly available liquidation data is a sampled snapshot: each trading pair can send at most one update per second, so the actual liquidation volume may be higher.
Prices where liquidations cluster are often later seen as potential short-term support or resistance, but whether those levels actually hold depends on subsequent trading.
Understanding this indicator helps you avoid being spooked by a single number—it’s not a tool for predicting tops and bottoms.
A beginner’s burning question: How do you read liquidation statistics?
Binance’s publicly available liquidation data is a sampled snapshot: each trading pair can send at most one update per second, so the actual liquidation volume may be higher.
Prices where liquidations cluster are often later seen as potential short-term support or resistance, but whether those levels actually hold depends on subsequent trading.
Understanding this indicator helps you avoid being spooked by a single number—it’s not a tool for predicting tops and bottoms.