$ETH A $3.48 million long position was liquidated during this round of volatility in perpetual futures.
Let’s use this figure to break down liquidations.
Liquidation data pushed by Binance is a snapshot: at most the latest update for each trading pair is pushed every second, so the actual liquidation size may be higher.
Large liquidations mean leverage on that side is being flushed out. Some people think volatility may briefly calm down after the flush, but that’s no rule.
Learning to read indicators is easy; the hard part is sticking to your plan when emotions are at their most extreme.
#ETH
Let’s use this figure to break down liquidations.
Liquidation data pushed by Binance is a snapshot: at most the latest update for each trading pair is pushed every second, so the actual liquidation size may be higher.
Large liquidations mean leverage on that side is being flushed out. Some people think volatility may briefly calm down after the flush, but that’s no rule.
Learning to read indicators is easy; the hard part is sticking to your plan when emotions are at their most extreme.
#ETH