$7.4 million in Binance futures liquidations over the past 4 hours | Long positions accounted for 44.8% | $ETH ranked first
Before looking at positions, first understand liquidations.
When prices move sharply, liquidations often cluster: the first positions get liquidated, pushing prices further and triggering the next wave.
Even a large liquidation may not affect the direction of a major cryptocurrency; it mainly reflects how quickly the market was moving at the time.
Unusual figures often signal bigger price swings. In these moments, it’s wiser to reduce leverage rather than add to your position.
Before looking at positions, first understand liquidations.
When prices move sharply, liquidations often cluster: the first positions get liquidated, pushing prices further and triggering the next wave.
Even a large liquidation may not affect the direction of a major cryptocurrency; it mainly reflects how quickly the market was moving at the time.
Unusual figures often signal bigger price swings. In these moments, it’s wiser to reduce leverage rather than add to your position.