Over the past 4 hours, $36.17 million in Binance futures positions were liquidated. Long positions accounted for 97.1%, with $BTC the most.
Liquidation data can show which side leverage is piling up on: this round mainly flushed out leveraged traders chasing longs. After the shakeout, the long side should be less crowded.
#BTC
Liquidation data can show which side leverage is piling up on: this round mainly flushed out leveraged traders chasing longs. After the shakeout, the long side should be less crowded.
#BTC