Binance futures liquidations totaled $8.83 million over the past 4 hours. Long positions accounted for just 23.9%, so this round was mainly a short squeeze.
The largest concentration of liquidations was at $BTC , totaling $1.61 million.
Widespread short liquidations indicate a sharp upward move. Watch for a pullback after the squeeze.
The largest concentration of liquidations was at $BTC , totaling $1.61 million.
Widespread short liquidations indicate a sharp upward move. Watch for a pullback after the squeeze.