Over the past 4 hours, Binance futures liquidations totaled approximately $15.61 million, with long positions accounting for 89.7%. The largest liquidation was $ETH .
Guys, what exactly is a liquidation? Here’s the short version 👇
Mass liquidations of long positions create selling pressure, while mass liquidations of short positions create buying pressure. That’s why cascading liquidations amplify volatility.
A large single liquidation may not necessarily affect the trend for major cryptocurrencies; it mainly shows that the market was volatile at that moment.
Rare data often comes with greater volatility. That’s when you should reduce your leverage, not place a heavy bet.
Guys, what exactly is a liquidation? Here’s the short version 👇
Mass liquidations of long positions create selling pressure, while mass liquidations of short positions create buying pressure. That’s why cascading liquidations amplify volatility.
A large single liquidation may not necessarily affect the trend for major cryptocurrencies; it mainly shows that the market was volatile at that moment.
Rare data often comes with greater volatility. That’s when you should reduce your leverage, not place a heavy bet.