From a positioning perspective: Binance futures saw $48.63 million in liquidations over the past 4 hours, split roughly evenly between longs and shorts.
Prices with concentrated liquidations are often sources of liquidity for large players: to enter or exit in size, they need forced orders to fill against. The most liquidations occurred at $BTC ($30.31 million). Watch to see if any large orders enter in the same direction next.
#加密杠杆头寸24小时清算15亿美元 #BTC
Just chatting—don't take this as investment advice.
Prices with concentrated liquidations are often sources of liquidity for large players: to enter or exit in size, they need forced orders to fill against. The most liquidations occurred at $BTC ($30.31 million). Watch to see if any large orders enter in the same direction next.
#加密杠杆头寸24小时清算15亿美元 #BTC
Just chatting—don't take this as investment advice.