Binance futures liquidations totaled approximately $14.31 million over the past 4 hours, with long positions accounting for 67.9% ($9.71 million long / $4.60 million short). The largest liquidation was $ETH .
Everyone, how should you read liquidation stats? Here’s the short version👇
These amounts are based on the notional value of positions, not actual losses: with isolated margin, if a 10x leveraged position is liquidated, the margin lost is roughly one-tenth of its notional value.
When large liquidations occur, rather than guessing which way the market will move next, first check how far your position is from its liquidation price.
Indicators can fail, but stop-losses should always be in place: thinking ahead about what you’ll do if you’re wrong matters more than guessing correctly.
Crypto assets are highly volatile, so don’t take on positions that are too large.
Everyone, how should you read liquidation stats? Here’s the short version👇
These amounts are based on the notional value of positions, not actual losses: with isolated margin, if a 10x leveraged position is liquidated, the margin lost is roughly one-tenth of its notional value.
When large liquidations occur, rather than guessing which way the market will move next, first check how far your position is from its liquidation price.
Indicators can fail, but stop-losses should always be in place: thinking ahead about what you’ll do if you’re wrong matters more than guessing correctly.
Crypto assets are highly volatile, so don’t take on positions that are too large.