🐋 Another wave of leveraged positions got wiped out: Binance Futures saw $11.47 million in liquidations over the past 4 hours.
Long positions accounted for 82% ($9.41 million), with leveraged traders chasing rallies and buying the dip hit the hardest.
Liquidations were most concentrated at $BTC ($4 million), where the battle between longs and shorts was also most intense.
What do you think?
Long positions accounted for 82% ($9.41 million), with leveraged traders chasing rallies and buying the dip hit the hardest.
Liquidations were most concentrated at $BTC ($4 million), where the battle between longs and shorts was also most intense.
What do you think?