Binance futures liquidations totaled $18.89 million over the past 4 hours: $17.06 million in longs (90.3%) and $1.83 million in shorts.
After a liquidation event, I usually look at three things:
① Who got washed out: longs made up the majority, so some leveraged long positions were wiped out;
② The biggest concentration was at $BTC ($6.73 million), where volatility is usually the most intense;
③ Whether open interest fell afterward: a decline means leverage was indeed flushed out; no decline means new positions are entering.
Areas with concentrated liquidations often become focal points in the battle between bulls and bears.
After a liquidation event, I usually look at three things:
① Who got washed out: longs made up the majority, so some leveraged long positions were wiped out;
② The biggest concentration was at $BTC ($6.73 million), where volatility is usually the most intense;
③ Whether open interest fell afterward: a decline means leverage was indeed flushed out; no decline means new positions are entering.
Areas with concentrated liquidations often become focal points in the battle between bulls and bears.
