Binance futures liquidations totaled $42.91 million over the past 4 hours. Long positions accounted for 95.2%, with $ETH seeing the most concentrated liquidations.
Liquidation data can show which side is crowded with leverage: this time, leveraged longs chasing the rally were mainly flushed out. Once the longs have been washed out, things should be lighter.
Liquidation data can show which side is crowded with leverage: this time, leveraged longs chasing the rally were mainly flushed out. Once the longs have been washed out, things should be lighter.
