‼️ Binance futures liquidations totaled $2.82 million in the past hour, with $BTC accounting for the most.
Take two seconds to understand liquidation data before drawing conclusions 👇
When long positions are liquidated, the system sells at market price to close them; when short positions are liquidated, the system buys back at market price to close them.
Understanding this indicator helps you avoid being misled by the numbers—it’s not a way to pinpoint tops and bottoms.
Volatility is high, so manage your leverage carefully.
Take two seconds to understand liquidation data before drawing conclusions 👇
When long positions are liquidated, the system sells at market price to close them; when short positions are liquidated, the system buys back at market price to close them.
Understanding this indicator helps you avoid being misled by the numbers—it’s not a way to pinpoint tops and bottoms.
Volatility is high, so manage your leverage carefully.