Over the past hour, $2.42 million in Binance futures positions were liquidated, with long positions accounting for 88.6%. This wave was mainly a long squeeze.
The largest liquidation was $BTC , at $446,000.
After widespread liquidations of long positions, leverage levels should be cleaner, but sentiment will take time to recover.
The largest liquidation was $BTC , at $446,000.
After widespread liquidations of long positions, leverage levels should be cleaner, but sentiment will take time to recover.