Is big money moving in? Binance futures saw $3.73 million in liquidations over the past hour, mostly long positions (83.5%).
Price levels with concentrated liquidations often provide counterparties for whales: to enter or exit large positions, they need someone to be forcibly liquidated. $ETH saw the most liquidations ($634,000); watch for large orders entering in the opposite direction after the liquidations.
#ETH
Price levels with concentrated liquidations often provide counterparties for whales: to enter or exit large positions, they need someone to be forcibly liquidated. $ETH saw the most liquidations ($634,000); watch for large orders entering in the opposite direction after the liquidations.
#ETH