🐋 $ETH perpetual contract saw a $1.95 million short position liquidated intraday.
Behind large liquidations, leveraged positions often simply can't withstand the move.
Widespread liquidations of long positions add selling pressure, while large-scale short liquidations bring extra buying pressure. This is how cascading liquidations amplify volatility.
Don't chase a trade at the most volatile moment. Wait for the candle to close before assessing.
Behind large liquidations, leveraged positions often simply can't withstand the move.
Widespread liquidations of long positions add selling pressure, while large-scale short liquidations bring extra buying pressure. This is how cascading liquidations amplify volatility.
Don't chase a trade at the most volatile moment. Wait for the candle to close before assessing.