Binance futures liquidations totaled about $3.59 million in the past hour, with long positions accounting for 14.3% ($514,000 in longs / $3.08 million in shorts). The top entry was $BTC .
Let’s talk about what’s behind this figure.
When prices fluctuate sharply, liquidations often occur in clusters: the first batch of positions gets liquidated, pushing prices further and triggering the next batch.
Indicators can fail, but risk controls are essential: deciding in advance what to do when you’re wrong is more important than whether your prediction is right.
Let’s talk about what’s behind this figure.
When prices fluctuate sharply, liquidations often occur in clusters: the first batch of positions gets liquidated, pushing prices further and triggering the next batch.
Indicators can fail, but risk controls are essential: deciding in advance what to do when you’re wrong is more important than whether your prediction is right.
