Binance futures liquidations totaled $15.61 million over the past 4 hours | Long positions accounted for 89.7% | $ETH ranked first
Before looking at positions, first understand liquidation.
In isolated margin mode, liquidation only wipes out the margin allocated to that position; in cross margin mode, the entire account balance can be used to cover losses.
Prices around which liquidations cluster are often treated afterward as short-term support or resistance levels, but whether they actually hold depends on subsequent buying and selling.
Indicators can fail, but risk management is essential: planning what to do if you’re wrong matters more than guessing correctly.