Binance Sees $202M in BTC Long Liquidation – 3rd Largest in a Month!
As BTC rallied from $94K to $111K, leveraged trading heated up on Binance.
Over the past 30 days, there were 3 massive long liquidations:
🔹 May 12 → $211M
🔹 May 23 → $277M
🔹 May 30 → $202M
This recent wipeout might have offered the market some breathing room. Clearing overleveraged long positions could pave the way for a healthier uptrend continuation.
Written by burakkesmeci
