Over the past 4 hours, Binance futures liquidations totaled approximately $29 million, with long positions accounting for 10.5%. The largest liquidation was $ETH .
When I first came across liquidation statistics, I was shocked. Later, I realized that when long liquidations make up the majority, it usually happens during a downward move; when short liquidations make up the majority, it usually happens during a rally. These figures reflect liquidations that have already occurred—they don’t predict what direction the market will move next.
All data describes market movements that have already happened. Prices can move in the opposite direction at any time.
When I first came across liquidation statistics, I was shocked. Later, I realized that when long liquidations make up the majority, it usually happens during a downward move; when short liquidations make up the majority, it usually happens during a rally. These figures reflect liquidations that have already occurred—they don’t predict what direction the market will move next.
All data describes market movements that have already happened. Prices can move in the opposite direction at any time.