Liquidation Radar
With liquidation data, first look at who is being forced out.
$CYS 15m Long liquidations are clearly higher than short liquidations, as leveraged long positions are being forced to exit.
$STRK More longs are being forced out, and for the market to stabilize, fresh aggressive buying needs to return.
$ICNT Long liquidations account for the bulk of the total, meaning position cleanup has genuinely begun to show up in executed trades.
Don’t rush to buy the first dip in situations like this. What matters is whether volume picks up again after the cleanup.
With liquidation data, first look at who is being forced out.
$CYS 15m Long liquidations are clearly higher than short liquidations, as leveraged long positions are being forced to exit.
$STRK More longs are being forced out, and for the market to stabilize, fresh aggressive buying needs to return.
$ICNT Long liquidations account for the bulk of the total, meaning position cleanup has genuinely begun to show up in executed trades.
Don’t rush to buy the first dip in situations like this. What matters is whether volume picks up again after the cleanup.