Watch the order book: Binance futures liquidations totaled $10.96 million over the past 4 hours, mostly from short positions.
Areas with concentrated liquidations are often where major players find counterparties: to enter or exit large positions, they need others to be forced to trade. $BTC had the most liquidations ($2.47 million); watch to see whether a large player follows the trend and enters next.
Areas with concentrated liquidations are often where major players find counterparties: to enter or exit large positions, they need others to be forced to trade. $BTC had the most liquidations ($2.47 million); watch to see whether a large player follows the trend and enters next.