Binance futures liquidations totaled approximately $6.96 million over the past 4 hours, with long positions accounting for 85.9%. The largest liquidation was $BTC ($1.39 million).
Folks, how should you read liquidation stats? Here’s the short version 👇
A liquidation (俗称 “blown up”) happens 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.
Price levels where liquidations cluster are often viewed in hindsight as potential short-term support or resistance, but whether they hold depends on subsequent buying and selling.
All indicators describe market movements that have already happened; the market can absolutely move in the opposite direction.
Be careful of the risks and make your own independent judgments.
Folks, how should you read liquidation stats? Here’s the short version 👇
A liquidation (俗称 “blown up”) happens 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.
Price levels where liquidations cluster are often viewed in hindsight as potential short-term support or resistance, but whether they hold depends on subsequent buying and selling.
All indicators describe market movements that have already happened; the market can absolutely move in the opposite direction.
Be careful of the risks and make your own independent judgments.