Jokes aside, Binance futures liquidations totaled about $12.76 million in the past hour. Long positions accounted for 46.3%, and the largest was $BTC .
My rule of thumb: keep leverage low enough to sleep soundly, and set stop-losses more reliably than your wake-up alarm.
On a serious note, Binance’s publicly available liquidation data is a snapshot: each contract can report at most its latest liquidation once per second, so the actual liquidation amount may be higher.
Extreme figures often come with sharper price swings. That’s when you should reduce your position, not double down.
#BTC
My rule of thumb: keep leverage low enough to sleep soundly, and set stop-losses more reliably than your wake-up alarm.
On a serious note, Binance’s publicly available liquidation data is a snapshot: each contract can report at most its latest liquidation once per second, so the actual liquidation amount may be higher.
Extreme figures often come with sharper price swings. That’s when you should reduce your position, not double down.
#BTC
