#Cryptothought #MarketSentimentToday 📉 Liquidations Overview (Last 24 Hours)
Total across all exchanges:
~ $248 million liquidated, including ~$180M in long and ~$68M in short positions coinank.com+13binance.com+13binance.com+13.
Binance-specific liquidations:
Between $11–16 million wiped out on Binance Futures alone (per CoinGlass heatmap) binance.com+4coinglass.com+4cryptometer.io+4.
Largest single liquidation:
A ~$3.7 million BTC futures long got liquidated on Binance coinalyze.net+6binance.com+6binance.com+6.
🧭 What It Means
MetricInsight$248M total liquidationsIndicates high volatility, likely on BTC & ETH dipsLong-heavy (≈72%)Suggests many traders were caught offside during dropsBinance share $11–16MReflects typical liquidity flow through the largest derivatives platformBig single BTC liquidationA whale’s leveraged BTC position got wiped — adds to market shock
🔎 Context & Strategy
Market mood: Tensions between “sell-the-news” and “buy-the-dip” sentiment are heating up.
Watch for rebounds: After significant liquidations, washouts often precede relief rallies.
Risk control: These events underscore why traders should keep leverage low and use stop-losses.