Just executed a new pair trade: taking a long position on PENGUUSDT at 0.007856 while shorting DOGEUSDT at 0.08516.
💡 Interestingly, when cascading liquidations exhaust a crypto exchange's insurance fund, a mechanism called auto-deleveraging (ADL) steps in. It automatically closes positions of the most profitable traders on the opposing side to protect the platform's solvency.
Stop-loss limits are strictly set on both legs. What setups are you watching today?
$PENGU $DOGE #Futures #CryptoTrading
💡 Interestingly, when cascading liquidations exhaust a crypto exchange's insurance fund, a mechanism called auto-deleveraging (ADL) steps in. It automatically closes positions of the most profitable traders on the opposing side to protect the platform's solvency.
Stop-loss limits are strictly set on both legs. What setups are you watching today?
$PENGU $DOGE #Futures #CryptoTrading