🧨 $102 million in Binance futures liquidations over the past 4 hours, with $BTC leading
Don't rush—understand the liquidation data before taking action 👇
Mass liquidations of long positions increase selling pressure, while widespread liquidations of short positions increase buying pressure. This is what causes cascading liquidations to amplify volatility.
Extreme figures often come with larger swings. At times like these, it's better to reduce your position than to make a big bet.
Don't rush—understand the liquidation data before taking action 👇
Mass liquidations of long positions increase selling pressure, while widespread liquidations of short positions increase buying pressure. This is what causes cascading liquidations to amplify volatility.
Extreme figures often come with larger swings. At times like these, it's better to reduce your position than to make a big bet.
