A lot got liquidated. Over the past 4 hours, a total of $14.31 million was liquidated on Binance Futures, with longs taking the bigger hit (67.9% of liquidations were long positions). This time, $ETH saw the most liquidations.
Actually, this figure is based on Binance’s liquidation push notifications, which are rate-limited, so the real total is likely even higher. Cascades of liquidations usually end as quickly as they start. Let’s see if prices stabilize first.
Actually, this figure is based on Binance’s liquidation push notifications, which are rate-limited, so the real total is likely even higher. Cascades of liquidations usually end as quickly as they start. Let’s see if prices stabilize first.