👀 Smart money is watching this: Binance futures saw $2.15 million in liquidations over the past hour, on both sides.
Price levels with concentrated liquidations are often where large players find counterparties: to build a large position, they need someone to be forced to close theirs. Liquidations were most concentrated at $XRP ($541,000); watch for large orders stepping in after the liquidations.
Price levels with concentrated liquidations are often where large players find counterparties: to build a large position, they need someone to be forced to close theirs. Liquidations were most concentrated at $XRP ($541,000); watch for large orders stepping in after the liquidations.