Where is the money flowing? Here are the clues: Over the past 4 hours, Binance futures liquidations totaled $15.44 million, mostly from long positions (71.6%).
Areas with concentrated liquidations are often a source of liquidity for major players: large traders need forced liquidations to make large entries and exits. Liquidations were most concentrated at $ETH ($2.52 million). Watch for any large orders entering in the opposite direction after it gets liquidated.
#ETH
Areas with concentrated liquidations are often a source of liquidity for major players: large traders need forced liquidations to make large entries and exits. Liquidations were most concentrated at $ETH ($2.52 million). Watch for any large orders entering in the opposite direction after it gets liquidated.
#ETH