Big money’s moves are more honest than its words: Binance futures liquidations totaled $2.74 million over the past hour, mostly short positions.
Prices where liquidations cluster are often the big players’ liquidity reservoirs: to make large trades, they need someone to be forced to close their positions. Liquidations were most concentrated at $BTC ($928,000); watch to see whether a whale enters in the opposite direction next.
#BTC
Prices where liquidations cluster are often the big players’ liquidity reservoirs: to make large trades, they need someone to be forced to close their positions. Liquidations were most concentrated at $BTC ($928,000); watch to see whether a whale enters in the opposite direction next.
#BTC