Over the past 4 hours, Binance Futures liquidations totaled about $11.92 million. Long positions accounted for 78.1%, and the largest liquidation was $ETH .
Let’s use this data to talk about liquidations.
A liquidation (commonly called getting “wiped out”) happens when losses on a leveraged position reduce its margin below the maintenance margin requirement, causing the system to close the position according to its rules.
A cluster of liquidations means leverage on that side has been cleared out. Some people think volatility may ease temporarily after the flush, but that’s not a rule.
Learning to read indicators is easy; the hard part is sticking to your plan when emotions are running high.
#ETH
Let’s use this data to talk about liquidations.
A liquidation (commonly called getting “wiped out”) happens when losses on a leveraged position reduce its margin below the maintenance margin requirement, causing the system to close the position according to its rules.
A cluster of liquidations means leverage on that side has been cleared out. Some people think volatility may ease temporarily after the flush, but that’s not a rule.
Learning to read indicators is easy; the hard part is sticking to your plan when emotions are running high.
#ETH