A note on tracking funds: Over the past 4 hours, $69.91 million in Binance futures positions were liquidated, mostly longs (85.4%).
Price levels with concentrated liquidations are often where major players find counterparties: to build large positions, they need others to be forced to close. $BTC had the most liquidations ($40.12 million); watch for large orders entering in the same direction after its liquidations.
Volatility is significant, so size your positions accordingly.
Price levels with concentrated liquidations are often where major players find counterparties: to build large positions, they need others to be forced to close. $BTC had the most liquidations ($40.12 million); watch for large orders entering in the same direction after its liquidations.
Volatility is significant, so size your positions accordingly.