Big money making moves? Binance futures saw $8.28 million in liquidations over the past 4 hours, on both sides.
Areas with concentrated liquidations are often where big players find counterparties: when they want to enter or exit large positions, someone has to be forced to trade. $BTC had the most concentrated liquidations ($2.34 million). Watch to see whether large orders step in on the opposite side after the liquidations.
Just something to listen to—don’t buy based on this. Make your own decisions.
Areas with concentrated liquidations are often where big players find counterparties: when they want to enter or exit large positions, someone has to be forced to trade. $BTC had the most concentrated liquidations ($2.34 million). Watch to see whether large orders step in on the opposite side after the liquidations.
Just something to listen to—don’t buy based on this. Make your own decisions.
