About $2.63 million in Binance futures positions were liquidated over the past hour. Long positions accounted for 85.7%, and $ETH ranked first.
Folks, how does liquidation happen? Here’s the short version:
Liquidation (commonly called getting “rekt”) happens when losses on a leveraged position reduce its margin below the maintenance margin requirement, at which point the system automatically closes the position according to its rules.
Price zones where liquidations cluster are often seen in hindsight as potential short-term support or resistance, but whether they actually hold depends on subsequent buying and selling.
Understanding an indicator helps you avoid being misled by a single number—not predict price movements with precision.
Folks, how does liquidation happen? Here’s the short version:
Liquidation (commonly called getting “rekt”) happens when losses on a leveraged position reduce its margin below the maintenance margin requirement, at which point the system automatically closes the position according to its rules.
Price zones where liquidations cluster are often seen in hindsight as potential short-term support or resistance, but whether they actually hold depends on subsequent buying and selling.
Understanding an indicator helps you avoid being misled by a single number—not predict price movements with precision.