Binance futures liquidations totaled $10.7 million in the past 4 hours | Long positions accounted for 24.6% | $BTC ranked first
Before discussing funds, let's first understand liquidation data.
In isolated margin mode, a liquidation only costs you the margin allocated to that position; in cross margin mode, your entire account balance is used to cover the loss.
Reducing leverage, keeping sufficient margin, and setting stop-losses in advance are the most common ways to reduce the risk of liquidation.
Cross-checking several data points is more reliable than looking at just one, but even multiple signals can't provide a definitive conclusion.
Volatility is high, so use leverage cautiously.
Before discussing funds, let's first understand liquidation data.
In isolated margin mode, a liquidation only costs you the margin allocated to that position; in cross margin mode, your entire account balance is used to cover the loss.
Reducing leverage, keeping sufficient margin, and setting stop-losses in advance are the most common ways to reduce the risk of liquidation.
Cross-checking several data points is more reliable than looking at just one, but even multiple signals can't provide a definitive conclusion.
Volatility is high, so use leverage cautiously.