About $33.51 million in Binance futures positions were liquidated in the past hour, with long positions accounting for 97.9%. The largest liquidation was $ETH ($12.88 million).
Let’s use this figure to talk about liquidations.
The amounts in these reports are based on the notional value of the positions, not the actual losses. With isolated margin, when a 10x leveraged position is liquidated, the main loss is the margin—roughly 10% of the notional value.
When you see a wave of liquidations, rather than guessing where the market will move next, it’s better to first check how far your position is from its liquidation price.
Cross-checking several data points is more reliable than looking at just one, but even more signals can’t provide a definitive answer.
#以太坊跌破2500美元 #ETH
Let’s use this figure to talk about liquidations.
The amounts in these reports are based on the notional value of the positions, not the actual losses. With isolated margin, when a 10x leveraged position is liquidated, the main loss is the margin—roughly 10% of the notional value.
When you see a wave of liquidations, rather than guessing where the market will move next, it’s better to first check how far your position is from its liquidation price.
Cross-checking several data points is more reliable than looking at just one, but even more signals can’t provide a definitive answer.
#以太坊跌破2500美元 #ETH