🧨 $4.03 million in Binance futures liquidations over the past 4 hours; $ZEC was the largest.
Hold on—let’s understand the liquidation data first 👇
A large number of long positions being liquidated adds extra selling pressure, while a wave of short positions being liquidated brings buying pressure. That’s why cascading liquidations amplify market moves.
Concentrated liquidations mean leverage on that side has been flushed out. Some people believe volatility may temporarily calm down afterward, but that’s not always the case.
Don’t let a single indicator disrupt your plan, and don’t gamble with borrowed money based on a hunch.
#ZEC
Hold on—let’s understand the liquidation data first 👇
A large number of long positions being liquidated adds extra selling pressure, while a wave of short positions being liquidated brings buying pressure. That’s why cascading liquidations amplify market moves.
Concentrated liquidations mean leverage on that side has been flushed out. Some people believe volatility may temporarily calm down afterward, but that’s not always the case.
Don’t let a single indicator disrupt your plan, and don’t gamble with borrowed money based on a hunch.
#ZEC
