Over the past 4 hours, Binance Futures liquidations totaled approximately $10.09 million. Long positions accounted for 54.4%, and the top position was $BTC .
Guys, how do liquidations happen? Here’s the short version 👇
When prices rise or fall sharply, liquidations often happen in clusters: one batch of positions gets liquidated, pushing prices further and triggering the next batch.
When liquidation amounts are high, market sentiment is usually running hot too. Rushing to place orders at such times can mean entering right at the most volatile point.
Don’t place orders during the sharpest swings. Wait for the price action to play out before taking a look.
#BTC
This is just my personal take and may not be accurate. Please use caution.
Guys, how do liquidations happen? Here’s the short version 👇
When prices rise or fall sharply, liquidations often happen in clusters: one batch of positions gets liquidated, pushing prices further and triggering the next batch.
When liquidation amounts are high, market sentiment is usually running hot too. Rushing to place orders at such times can mean entering right at the most volatile point.
Don’t place orders during the sharpest swings. Wait for the price action to play out before taking a look.
#BTC
This is just my personal take and may not be accurate. Please use caution.
