Binance futures liquidations totaled about $3.85 million in the past hour, with long positions accounting for 90.8%. The largest liquidation was $ETH ($1.83 million).
Let’s use this data to talk about liquidations.
Maintenance margin is the minimum margin required to keep a position from being liquidated. The larger the position’s notional value, the higher the required margin ratio usually is.
When you see large liquidations, rather than guessing which way the market will move next, first check how far your own position is from its liquidation price.
Unusually high readings often come with greater volatility. At times like these, it’s better to reduce your position size than to make a big bet.
#ETH
Just my personal opinion—not investment advice.
Let’s use this data to talk about liquidations.
Maintenance margin is the minimum margin required to keep a position from being liquidated. The larger the position’s notional value, the higher the required margin ratio usually is.
When you see large liquidations, rather than guessing which way the market will move next, first check how far your own position is from its liquidation price.
Unusually high readings often come with greater volatility. At times like these, it’s better to reduce your position size than to make a big bet.
#ETH
Just my personal opinion—not investment advice.