$BTC Liquidation Heatmap: The Battlefield of Leverage Traders!"
The crypto market isn't for the faint-hearted, and this Binance BTC/USDT liquidation heatmap proves it! Over the past 24 hours, the battlefield was littered with liquidated positions as Bitcoin tumbled, exposing the vulnerability of over-leveraged traders.
The Action:
1. Hot Zones (Yellow & Green):
These areas show where the most leverage positions were wiped out. The brighter the band, the higher the liquidation carnage. Traders who bet big around $96,000 and above got caught in the storm!
2. Price Slide Drama:
As BTC's price slid from the higher ranges, cascading liquidations triggered a chain reaction, driving prices even lower. It's a vivid reminder of how volatile and unforgiving the crypto market can be.
What It Means:
This heatmap is not just data; it's a lesson. In the pursuit of big wins, traders using high leverage are often the first to lose. The brighter the