Binance futures liquidations totaled $4.77 million over the past hour | Long positions accounted for 91% | $ETH ranked first
What are liquidations? A forced liquidation (also called a liquidation) occurs when unrealized losses on a leveraged position reduce its margin below the maintenance margin requirement, causing the system to close the position according to its rules.
Don’t use leverage to try to recover losses; this often marks the beginning of a series of liquidations.
Several data points that corroborate one another are more reliable than looking at just one, but even more signals cannot provide a definitive conclusion.
For recording purposes only; not trading advice.
What are liquidations? A forced liquidation (also called a liquidation) occurs when unrealized losses on a leveraged position reduce its margin below the maintenance margin requirement, causing the system to close the position according to its rules.
Don’t use leverage to try to recover losses; this often marks the beginning of a series of liquidations.
Several data points that corroborate one another are more reliable than looking at just one, but even more signals cannot provide a definitive conclusion.
For recording purposes only; not trading advice.