Market Notes | $20.15 million in Binance futures liquidations over the past 4 hours | Long positions accounted for 44.5% | $BTC ranked first
First, a definition: long liquidations occur when leveraged positions betting on price increases are forcibly closed, usually when prices fall. Short liquidations are the opposite and mostly happen when prices rise.
Next, how to read this: don’t use leverage to try to win back losses—that often marks the start of a string of liquidations.
Don’t let a single indicator disrupt your original plan, and never use borrowed money to test a judgment.
Data is from public sources. Please verify it yourself.
First, a definition: long liquidations occur when leveraged positions betting on price increases are forcibly closed, usually when prices fall. Short liquidations are the opposite and mostly happen when prices rise.
Next, how to read this: don’t use leverage to try to win back losses—that often marks the start of a string of liquidations.
Don’t let a single indicator disrupt your original plan, and never use borrowed money to test a judgment.
Data is from public sources. Please verify it yourself.