‼️ $84.09 million in Binance futures liquidations over the past 4 hours; $BTC was the largest
Take two seconds to understand the liquidation data before drawing conclusions 👇
The liquidation data pushed by Binance is a sampled snapshot: for each contract, only the latest update is pushed every second, so the actual liquidation volume may be higher.
It’s safer to cross-check several indicators rather than look at just one, but even multiple indicators can’t provide a definitive conclusion.
Take two seconds to understand the liquidation data before drawing conclusions 👇
The liquidation data pushed by Binance is a sampled snapshot: for each contract, only the latest update is pushed every second, so the actual liquidation volume may be higher.
It’s safer to cross-check several indicators rather than look at just one, but even multiple indicators can’t provide a definitive conclusion.