Binance futures liquidations totaled about $5.04 million over the past hour, with long positions accounting for 71.1%. The largest liquidation was $BTC ($967,000).
Hey everyone, what are liquidations? Here's a quick explanation 👇
Maintenance margin is the minimum margin required to keep a position from being liquidated. The larger the position, the higher the required percentage usually is.
Price zones where liquidations cluster are often treated afterward as short-term support or resistance levels, but whether they hold depends on subsequent trading activity.
Unusually high readings usually signal greater volatility. At times like these, it's better to reduce leverage rather than increase your position.
#BTC
Hey everyone, what are liquidations? Here's a quick explanation 👇
Maintenance margin is the minimum margin required to keep a position from being liquidated. The larger the position, the higher the required percentage usually is.
Price zones where liquidations cluster are often treated afterward as short-term support or resistance levels, but whether they hold depends on subsequent trading activity.
Unusually high readings usually signal greater volatility. At times like these, it's better to reduce leverage rather than increase your position.
#BTC