For those following the money: Binance futures liquidations totaled $63.37 million over the past hour, mostly from long positions (98.2%).
Prices with concentrated liquidations are often a source of liquidity for major players: for whales to build large positions, someone has to be forcibly liquidated. $ETH saw the most liquidations ($26.3 million); watch to see whether a large order enters in the opposite direction next.
#ETH
Prices with concentrated liquidations are often a source of liquidity for major players: for whales to build large positions, someone has to be forcibly liquidated. $ETH saw the most liquidations ($26.3 million); watch to see whether a large order enters in the opposite direction next.
#ETH