Binance futures liquidations totaled $2.15 million over the past hour. Long positions accounted for only 22%, so shorts were largely the ones getting flushed out this round.
The largest liquidation cluster was at $PEPE , totaling $366,000.
Shorts being liquidated one-sidedly suggests a sharp upward move; watch for a pullback after the short squeeze.
#PEPE
The largest liquidation cluster was at $PEPE , totaling $366,000.
Shorts being liquidated one-sidedly suggests a sharp upward move; watch for a pullback after the short squeeze.
#PEPE
