🐋 Binance futures liquidations totaled about $12.09 million over the past 4 hours, with long positions accounting for 80%. The largest liquidation was $ETH ($1.27 million).
More long positions were liquidated, which usually points to a period of decline.
The higher the leverage, the closer the liquidation price is to the entry price: even a small price move can liquidate a position.
The same data can mean very different things in different market conditions, so don’t apply a single rule blindly.
More long positions were liquidated, which usually points to a period of decline.
The higher the leverage, the closer the liquidation price is to the entry price: even a small price move can liquidate a position.
The same data can mean very different things in different market conditions, so don’t apply a single rule blindly.