Binance futures liquidations totaled about $22.51 million in the past hour, with long positions accounting for 98.7%. The largest liquidation was $BTC .
Guys, what does getting liquidated mean? Here’s the short version 👇
A long liquidation means a leveraged position betting on prices rising is forcibly closed, usually when prices fall. A short liquidation is the opposite and mostly happens when prices rise.
Don’t add leverage to try to win back your losses—that often marks the start of a string of liquidations.
Comparing several data points is more reliable than looking at just one, but even multiple indicators can’t provide a definitive conclusion.
#BTC
Guys, what does getting liquidated mean? Here’s the short version 👇
A long liquidation means a leveraged position betting on prices rising is forcibly closed, usually when prices fall. A short liquidation is the opposite and mostly happens when prices rise.
Don’t add leverage to try to win back your losses—that often marks the start of a string of liquidations.
Comparing several data points is more reliable than looking at just one, but even multiple indicators can’t provide a definitive conclusion.
#BTC