⚠️ Binance futures liquidations totaled $13.19 million over the past 4 hours, with $BTC leading
Take two seconds to understand liquidations before commenting 👇
A large number of long positions being liquidated increases selling pressure, while a large number of short positions being liquidated adds buying pressure. This is why cascading liquidations amplify market movements.
Comparing multiple data points is more reliable than looking at just one, but even more indicators can’t provide a definitive answer.
#BTC
Take two seconds to understand liquidations before commenting 👇
A large number of long positions being liquidated increases selling pressure, while a large number of short positions being liquidated adds buying pressure. This is why cascading liquidations amplify market movements.
Comparing multiple data points is more reliable than looking at just one, but even more indicators can’t provide a definitive answer.
#BTC