Jokes aside, Binance futures liquidations over the past 4 hours totaled approximately $11.92 million. Long positions accounted for 78.1%, and the largest liquidation was $ETH .
This jokester’s rule: keep leverage low enough to sleep soundly, and set your stop-loss level more reliably than your morning alarm.
On a serious note, during sharp price swings, liquidations often happen in clusters: the first batch of positions gets liquidated, pushing prices further and triggering the next batch.
The point of understanding an indicator is to avoid being misled by the numbers—not to use it to predict price movements accurately.
#ETH
Crypto trading carries risks. Trade with caution.
This jokester’s rule: keep leverage low enough to sleep soundly, and set your stop-loss level more reliably than your morning alarm.
On a serious note, during sharp price swings, liquidations often happen in clusters: the first batch of positions gets liquidated, pushing prices further and triggering the next batch.
The point of understanding an indicator is to avoid being misled by the numbers—not to use it to predict price movements accurately.
#ETH
Crypto trading carries risks. Trade with caution.