$ETH : $1.95 million in long positions liquidated, with the price around 1844.74.
Liquidations themselves create one-sided forced trading: when long positions are liquidated, they’re forcibly sold, which can push the price lower. It’s best to wait until the cascade of liquidations is over before making a judgment.
What leverage level do you consider safe? Share your thoughts in the comments.
This may not be accurate—make your own decisions.
Liquidations themselves create one-sided forced trading: when long positions are liquidated, they’re forcibly sold, which can push the price lower. It’s best to wait until the cascade of liquidations is over before making a judgment.
What leverage level do you consider safe? Share your thoughts in the comments.
This may not be accurate—make your own decisions.
