The Binance $BTC /USDT liquidation heatmap shows intense market activity over the last 24 hours, with key liquidation zones near 98,000-100,000 USDT.
These yellow hotspots represent areas where over-leveraged trades were wiped out as the price spiked, with liquidation volumes peaking at 23.21M USDT.
Sharp moves suggest whales may have targeted these levels, creating a chain reaction of liquidations.
Traders using high leverage were particularly vulnerable, highlighting the risks of overexposure in such volatile conditions.
Key takeaway: Manage leverage carefully, avoid trading in high-risk zones, and use tools like heatmaps to anticipate volatility. Trade smart, not fast!