In the past hour, about $3.54 million in Binance futures positions were liquidated. Long positions accounted for 92.8%, and the largest liquidation was $BTC .
More long positions were liquidated, which often corresponds to a period of falling prices.
The higher the leverage, the closer the liquidation price is to the entry price: the market doesn’t need to move much for a position to be liquidated.
A large individual liquidation doesn’t necessarily change the direction of a major coin; it mainly reflects how quickly the market was moving at that moment.
Don’t let a single number change your pace, and never use borrowed money to test a hunch.
Just chatting—this isn’t advice.
More long positions were liquidated, which often corresponds to a period of falling prices.
The higher the leverage, the closer the liquidation price is to the entry price: the market doesn’t need to move much for a position to be liquidated.
A large individual liquidation doesn’t necessarily change the direction of a major coin; it mainly reflects how quickly the market was moving at that moment.
Don’t let a single number change your pace, and never use borrowed money to test a hunch.
Just chatting—this isn’t advice.