Markets· ★★★★· bearish·

Binance ETH Long Liquidations Top $106 Million in One Hour

  • —ETH long liquidations on Binance exceeded $106 million in one hour
  • —Largest hourly ETH long liquidation on the exchange in nearly six months
  • —Futures trading volume is roughly nine times spot volume
  • —Fed rate hike expectations rose from 17% to about 30% in a week
Why it matters: Heavy futures leverage and rising rate-hike odds leave the market exposed to further macro shocks and liquidation cascades.
#ETH
Source: Coinpedia
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