LSK: Binance Deposit Fuels $44M Liquidations

LSK recorded $44.38 million in 24-hour global liquidations, second only to ETH, after an associated wallet sent 3.29 million tokens worth $3.79 million to Binance five hours ago. The move followed the initial drop from $2 to $1 and preceded the second leg down from $1.22 to $0.7, with price now rebounding toward $1.17 before settling at the current $0.77 level. On the 4h chart, LSK trades inside the Bollinger Bands with upper resistance at $0.88 while the MACD golden cross at 0.16 confirms bullish momentum; price sits well above the EMA50 support at $0.22 and EMA200 at $0.13, yet RSI at 67.82 leaves room for a healthy pullback to that 50-EMA before continuation. Traders tracking LSK price prediction and Binance deposit impact note the confluence of wallet activity with volatility exhaustion targets at the upper band, while broader crypto market crash flows amplify the move.