From a capital perspective: Binance futures liquidations totaled $11.56 million over the past hour, mostly from longs (97%).
Price levels with concentrated liquidations are often where major players find counterparties: to build large positions, whales need someone to be forced to close. $ETH had the most liquidations ($4.96 million); watch for whales entering in the opposite direction after its liquidation.
Price levels with concentrated liquidations are often where major players find counterparties: to build large positions, whales need someone to be forced to close. $ETH had the most liquidations ($4.96 million); watch for whales entering in the opposite direction after its liquidation.
