The Binance $BTC /USDT Liquidation Showdown!
In the latest whirlwind from Binance's $BTC /USDT Perpetuals, the current price stands fiercely at $95470, slicing through an ocean of leverage as liquidations surge across the board.
Long Liquidations dominate the landscape with cumulative leverage losses peaking at 49.73M, showcasing a colossal drop from the resistance zone.
The red wave vividly portrays the wipeout of over-leveraged long positions, a bloodbath for the bulls.
On the flip side, Short Liquidations emerge steadily as price momentum climbs, highlighted by the green cumulative leverage buildup towards the right.
The shift in pressure hints at potential reversals brewing.
The 10x, 25x, 50x, and even 100x leverage positions are caught in a liquidation frenzy, with the bulk of high-leverage trades annihilated between $90866 and $95830, where the battlefield is most intense.
This liquidation map paints a thrilling narrative of traders' gamble between greed and market volatility.
As the dust settles, both longs and shorts find themselves at the mercy of BTC’s relentless price swings!
Who’s next in the liquidation zone? Stay sharp, and don’t let the market claim your position!
