Binance futures saw about $5.77 million in liquidations over the past 4 hours. Longs accounted for 50.5% ($2.91 million in long liquidations / $2.86 million in short liquidations). The largest liquidation was $ETH ($1.82 million).
Let’s use this figure to break down the liquidation data.
Maintenance margin is the minimum margin required to keep a position from being liquidated. The larger the notional value of a position, the higher the required margin ratio generally is.
The commonly mentioned “long squeeze” refers to a price drop triggering the liquidation of long positions, with the resulting sell orders pushing prices even lower. A “short squeeze” is when rising prices force short positions to be liquidated, and the resulting buybacks push prices even higher.
Don’t place orders at the most volatile moment. Wait for prices to settle before making a decision.

#ETH