The movements of large orders are often hidden in trading activity: Over the past hour, $21.87 million in Binance futures positions were liquidated, mostly longs (89.8%).
Prices where liquidations cluster are often where major players find counterparties: to build large positions, big-money traders need others to be forced to trade. Liquidations were most concentrated at $BTC ($4.72 million). Watch for large orders entering in the opposite direction after the liquidations.
Prices where liquidations cluster are often where major players find counterparties: to build large positions, big-money traders need others to be forced to trade. Liquidations were most concentrated at $BTC ($4.72 million). Watch for large orders entering in the opposite direction after the liquidations.