It has already fallen 7.69% in 24 hours, but the average liquidation price is still at 24.2231, while the current price of 24.26 is almost right on top of it. Binance Futures $MINIMAX just liquidated a long position worth about $237,000, totaling 9,794.71 units. The price gap is negligible, so the liquidation happened near the current price—not because an old position far away was suddenly wiped out. The position size is not large enough to count as an exchange-level whale liquidation, but the direction is clear: leveraged longs on the downtrend are being forced out. Whether 24.26 can hold will depend on whether more long liquidations continue to appear at nearby prices.
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