Metrics note | $3.28 million in Binance futures liquidations over the past hour | Long positions accounted for 14.4% | $BTC ranked first
Definition: Liquidation (also called being liquidated) occurs when losses on a leveraged position cause its margin to fall below the maintenance margin requirement, prompting the system to forcibly close the position according to its rules.
What this means: Don’t use more leverage to try to recover losses—this often marks the start of a series of liquidations.
Don’t chase trades during the most volatile few minutes. Wait for the candlestick to settle before taking a look.
#BTC
Definition: Liquidation (also called being liquidated) occurs when losses on a leveraged position cause its margin to fall below the maintenance margin requirement, prompting the system to forcibly close the position according to its rules.
What this means: Don’t use more leverage to try to recover losses—this often marks the start of a series of liquidations.
Don’t chase trades during the most volatile few minutes. Wait for the candlestick to settle before taking a look.
#BTC