Binance futures liquidations totaled approximately $3.85 million over the past hour, with long positions accounting for 90.8% ($3.49 million in longs / $354,000 in shorts). The top figure was $ETH .
Let’s use this number to break down the liquidation data.
Maintenance margin is the minimum margin required to keep a position from being liquidated. Generally, the larger the position, the higher the required margin ratio.
When you see a large liquidation, instead of guessing whether the market will rise or fall next, first check how close your own position is to its liquidation price.
Indicators can fail, but risk management shouldn’t be skipped: deciding in advance what to do if you’re wrong matters more than guessing right.