💡 Binance futures liquidations totaled $2.26 million in the past hour, with $ETH seeing the most
Take two seconds to understand the liquidation data before acting 👇
The higher the leverage, the closer the liquidation price is to the entry price: the market doesn’t need to move far for a position to be liquidated.
Price zones where liquidations cluster are often viewed in hindsight as potential short-term support or resistance, but whether they hold depends on subsequent buying and selling.
Don’t chase trades during the most volatile few minutes. Wait for the price to make its move, then take a look.