#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.