Binance futures liquidations totaled $5.39 million over the past hour, with longs accounting for 86.2%; liquidations were most concentrated at $BTC .
Liquidation data shows which side is crowded with leverage: this round mostly cleared out leveraged long positions chasing the rally, leaving the market a bit cleaner after those longs were wiped out.
Liquidation data shows which side is crowded with leverage: this round mostly cleared out leveraged long positions chasing the rally, leaving the market a bit cleaner after those longs were wiped out.