From a positioning perspective: Binance futures liquidations totaled $12.98 million over the past 4 hours, mostly from long positions (83.8%).
Areas with concentrated liquidations are often a source of liquidity for large players: to enter or exit in large volumes, they need someone to be forced to close positions. $BTC saw the most concentrated liquidations ($4.89 million); watch for large players entering in the opposite direction next.
Areas with concentrated liquidations are often a source of liquidity for large players: to enter or exit in large volumes, they need someone to be forced to close positions. $BTC saw the most concentrated liquidations ($4.89 million); watch for large players entering in the opposite direction next.