For those tracking capital flows: Binance futures saw $2.29 million in liquidations over the past hour, mostly short positions.
Areas with concentrated liquidations are often where large players find counterparties: to enter or exit large positions, they need someone to be forced to trade. Liquidations were most concentrated at $ZEC ($614,000); watch for large orders entering in the same direction after the liquidations.
Areas with concentrated liquidations are often where large players find counterparties: to enter or exit large positions, they need someone to be forced to trade. Liquidations were most concentrated at $ZEC ($614,000); watch for large orders entering in the same direction after the liquidations.