$3.92 million in Binance futures positions were liquidated over the past hour, with longs accounting for 98%. This round of liquidations was mainly among long positions.
The largest concentration of liquidations was at $ETH , totaling $1.45 million.
After the one-sided long positions are flushed out, leverage levels should be cleaner, though sentiment will take time to recover.
Just one person’s opinion—take it for what it’s worth. Not financial advice.
The largest concentration of liquidations was at $ETH , totaling $1.45 million.
After the one-sided long positions are flushed out, leverage levels should be cleaner, though sentiment will take time to recover.
Just one person’s opinion—take it for what it’s worth. Not financial advice.