Binance futures liquidations totaled $23.11 million over the past 4 hours | Longs accounted for 13.6% | $BTC ranked first
Before looking at positions, first understand liquidation data.
Long liquidations refer to leveraged positions betting on price increases being forcibly closed, usually when prices fall; short liquidations are the opposite and occur more often when prices surge.
Liquidation data can show which direction futures capital is more concentrated in, but it reflects events that have already happened and cannot be used on its own to predict price movements.
With leveraged trading, first work out whether you can withstand the worst-case scenario, then consider what the signals are saying.
#BTC
Before looking at positions, first understand liquidation data.
Long liquidations refer to leveraged positions betting on price increases being forcibly closed, usually when prices fall; short liquidations are the opposite and occur more often when prices surge.
Liquidation data can show which direction futures capital is more concentrated in, but it reflects events that have already happened and cannot be used on its own to predict price movements.
With leveraged trading, first work out whether you can withstand the worst-case scenario, then consider what the signals are saying.
#BTC