Over the past 4 hours, $5.02 million in Binance futures positions were liquidated. Shorts made up the bulk, with the heaviest concentration at $BTC .
Liquidation statistics can show which way leveraged positions are crowded. This time, leveraged traders chasing shorts were mainly flushed out, usually pushing prices higher.
Markets involve risks. Enter with caution.
Liquidation statistics can show which way leveraged positions are crowded. This time, leveraged traders chasing shorts were mainly flushed out, usually pushing prices higher.
Markets involve risks. Enter with caution.
