Binance futures liquidations totaled approximately $3.54 million over the past hour, with long positions accounting for 92.8%. The largest was $BTC .
Guys, what does liquidation mean? Here’s the short version 👇
The amounts shown are based on the notional value of positions, not the actual losses. In isolated-margin mode, when a 10x leveraged position is liquidated, the margin lost is roughly one-tenth of its notional value.
A concentration of liquidations means leverage is being flushed out in this area. Some people think volatility may temporarily calm down after the flush, but that’s not a rule.
The point of understanding this metric is to avoid being spooked by the numbers—not to use it to predict whether prices will rise or fall.
Guys, what does liquidation mean? Here’s the short version 👇
The amounts shown are based on the notional value of positions, not the actual losses. In isolated-margin mode, when a 10x leveraged position is liquidated, the margin lost is roughly one-tenth of its notional value.
A concentration of liquidations means leverage is being flushed out in this area. Some people think volatility may temporarily calm down after the flush, but that’s not a rule.
The point of understanding this metric is to avoid being spooked by the numbers—not to use it to predict whether prices will rise or fall.