Binance futures saw $3.43 million in liquidations over the past hour, with long positions accounting for 86%. This round was largely a purge of long positions.
The largest liquidation was $SOL , at $977,000.
After a broad clearing-out of long positions, the leverage structure should be healthier, but sentiment will take time to recover.
#SOL
The largest liquidation was $SOL , at $977,000.
After a broad clearing-out of long positions, the leverage structure should be healthier, but sentiment will take time to recover.
#SOL