Over the past 4 hours, $84.28 million in Binance futures positions were liquidated. Long positions accounted for 62.6%, with the heaviest concentration at $BTC .
Liquidation data shows which side of the market is crowded with leverage: this round was basically a flush-out of leveraged longs. After the longs were washed out, things should be a bit cleaner.
#BTC
This may not be right, so please manage your own profits and losses.
Liquidation data shows which side of the market is crowded with leverage: this round was basically a flush-out of leveraged longs. After the longs were washed out, things should be a bit cleaner.
#BTC
This may not be right, so please manage your own profits and losses.