Binance futures liquidations totaled approximately $45.67 million in the past hour, with long positions accounting for 96.7% ($44.17 million in longs / $1.5 million in shorts). The largest liquidation was $ETH .
Guys, how should you read liquidation stats? Here’s the short version 👇
The higher the leverage, the closer the liquidation price is to the entry price: the market doesn’t have to move much for a position to be liquidated.
Using lower leverage, keeping more margin, and setting stop-losses in advance are common ways to reduce the risk of liquidation.
Learning to read indicators isn’t hard. The hard part is sticking to your plan when emotions are running high.
#ETH
For reference only, not investment advice.
Guys, how should you read liquidation stats? Here’s the short version 👇
The higher the leverage, the closer the liquidation price is to the entry price: the market doesn’t have to move much for a position to be liquidated.
Using lower leverage, keeping more margin, and setting stop-losses in advance are common ways to reduce the risk of liquidation.
Learning to read indicators isn’t hard. The hard part is sticking to your plan when emotions are running high.
#ETH
For reference only, not investment advice.