What are the big players doing? In the past hour, $3.75 million in Binance futures positions were liquidated, mainly short positions.
Prices where liquidations cluster are often where big players find counterparties: to build large positions, big money needs someone to be forcibly liquidated. Liquidations were most concentrated at $JCT ($1.55 million); watch to see whether large orders step in to absorb the selling after the liquidations.
Prices where liquidations cluster are often where big players find counterparties: to build large positions, big money needs someone to be forcibly liquidated. Liquidations were most concentrated at $JCT ($1.55 million); watch to see whether large orders step in to absorb the selling after the liquidations.