A note on tracking funds: Binance futures liquidations totaled $8.11 million over the past hour, mostly from short positions.
Prices where liquidations cluster are often where major players find counterparties: when big money wants to enter or exit in size, someone has to be forced to close. $ETH saw the most liquidations ($3.6 million); watch for a large position entering in the opposite direction next.
Prices where liquidations cluster are often where major players find counterparties: when big money wants to enter or exit in size, someone has to be forced to close. $ETH saw the most liquidations ($3.6 million); watch for a large position entering in the opposite direction next.