“I saw a set of figures today that are easy to misinterpret: CoinDesk, citing CoinGlass data, reported that about $483 million worth of BTC and ETH futures positions were liquidated over the past 24 hours, based on figures checked in the Asian morning session. That included about $286 million in ETH and $197 million in BTC. These figures represent the value of positions liquidated, not traders’ actual losses. Leveraged positions can be forcibly closed during sharp price swings, and may also intensify short-term selling pressure. When you look at data like this, do you focus first on the total amount, or on the direction of the positions and when the liquidations occurred?”#合约市场 $BTC

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