$BTC ｜Long liquidations: $4.87 million
Before looking at positions, first understand liquidations.
Binance’s publicly available liquidation data is a sampled snapshot: only one update per contract is published each second, so the actual liquidation volume is often higher.
Large liquidations indicate that leverage on that side is being flushed out. Some believe volatility may briefly ease after the flush, but this is not a rule.
The same reading can mean very different things in different market conditions, so don’t blindly apply a single rule.
#BTC
Before looking at positions, first understand liquidations.
Binance’s publicly available liquidation data is a sampled snapshot: only one update per contract is published each second, so the actual liquidation volume is often higher.
Large liquidations indicate that leverage on that side is being flushed out. Some believe volatility may briefly ease after the flush, but this is not a rule.
The same reading can mean very different things in different market conditions, so don’t blindly apply a single rule.
#BTC