$ETH A $1.43 million long position was liquidated on perpetual futures, with the price around 2064.17.
Let's talk about what this figure really means.
Binance's liquidation data is a sampled snapshot: for each contract, it only pushes the latest liquidation every second, so the actual liquidation volume is often much larger.
Even a large liquidation doesn't necessarily affect the trend for major coins; it mostly indicates that volatility was intense at that moment.
Don't place orders at the very peak of market activity. Wait for the candlestick to close before deciding.
Let's talk about what this figure really means.
Binance's liquidation data is a sampled snapshot: for each contract, it only pushes the latest liquidation every second, so the actual liquidation volume is often much larger.
Even a large liquidation doesn't necessarily affect the trend for major coins; it mostly indicates that volatility was intense at that moment.
Don't place orders at the very peak of market activity. Wait for the candlestick to close before deciding.
