Binance futures liquidations totaled $6.6 million over the past 4 hours | Longs accounted for 60.4% | $ETH ranked first
Before looking at fund flows, let’s first understand the liquidation data.
In isolated margin mode, a liquidation can only wipe out the margin allocated to that position. In cross margin mode, all the margin in your account can be used to cover the loss.
When you see a wave of liquidations, rather than guessing where the market will go next, first check how far your position is from its liquidation price.
Sizing your position based on where you place your stop-loss is much more reliable than just guessing.
#ETH
Before looking at fund flows, let’s first understand the liquidation data.
In isolated margin mode, a liquidation can only wipe out the margin allocated to that position. In cross margin mode, all the margin in your account can be used to cover the loss.
When you see a wave of liquidations, rather than guessing where the market will go next, first check how far your position is from its liquidation price.
Sizing your position based on where you place your stop-loss is much more reliable than just guessing.
#ETH
