💡 Binance futures liquidations totaled $11.43 million over the past 4 hours, with $BTC seeing the most
Take a moment to understand liquidations before taking action 👇
A long liquidation means a leveraged long position is forcibly closed, usually when prices fall. Short liquidations are the opposite and tend to happen during rallies.
Even a large liquidation event may not change the trend for a major coin; it mostly reflects intense volatility at that moment.
Don’t let a single indicator throw off your original strategy, and don’t gamble borrowed money on a prediction.
Take a moment to understand liquidations before taking action 👇
A long liquidation means a leveraged long position is forcibly closed, usually when prices fall. Short liquidations are the opposite and tend to happen during rallies.
Even a large liquidation event may not change the trend for a major coin; it mostly reflects intense volatility at that moment.
Don’t let a single indicator throw off your original strategy, and don’t gamble borrowed money on a prediction.