Binance futures liquidations totaled $4.24 million over the past hour. Short positions made up the bulk, with $BTC the highest.
Liquidation statistics can show which side is crowded with leverage: this round was mostly leveraged short positions being flushed out after traders chased the downside. Prices usually have just surged sharply beforehand.
#BTC
Liquidation statistics can show which side is crowded with leverage: this round was mostly leveraged short positions being flushed out after traders chased the downside. Prices usually have just surged sharply beforehand.
#BTC
