💡 Binance futures liquidations totaled $2.62 million in the past hour, with $BTC the most
Don't rush in—understand the liquidation data before you act👇
The higher the leverage, the closer the liquidation price is to the entry price: it doesn't take much of a price move for a position to be liquidated.
Unusually high readings often come with greater volatility. At times like these, it's better to reduce leverage rather than make a big bet.
#BTC
Don't rush in—understand the liquidation data before you act👇
The higher the leverage, the closer the liquidation price is to the entry price: it doesn't take much of a price move for a position to be liquidated.
Unusually high readings often come with greater volatility. At times like these, it's better to reduce leverage rather than make a big bet.
#BTC
