Binance futures liquidations totaled $29.57 million over the past 4 hours | Long positions accounted for 86.8% | $BTC ranked first
Before looking at positions, first understand liquidations.
These amounts are calculated based on the notional value of positions—they aren’t the actual losses. With isolated margin, if a 10x leveraged position is liquidated, the margin lost is roughly 10% of its notional value.
The key to leveraged trading is this: even if you ultimately get the direction right, price fluctuations along the way can still liquidate your position early.
Understanding this metric can help you avoid being alarmed by a single number; it shouldn’t be used to predict whether prices will rise or fall.
Before looking at positions, first understand liquidations.
These amounts are calculated based on the notional value of positions—they aren’t the actual losses. With isolated margin, if a 10x leveraged position is liquidated, the margin lost is roughly 10% of its notional value.
The key to leveraged trading is this: even if you ultimately get the direction right, price fluctuations along the way can still liquidate your position early.
Understanding this metric can help you avoid being alarmed by a single number; it shouldn’t be used to predict whether prices will rise or fall.