🔢 Latest data: $6.86 million in Binance futures liquidations over the past 4 hours | Longs accounted for 62.3% | $MAGIC ranked first
· Meaning: A long position being liquidated means a leveraged position betting on a price rise is forcibly closed, usually when prices fall. A short position being liquidated is the opposite and most often happens during a rally.
· Tips: Using less leverage, keeping more margin, and setting stop-losses in advance are the most common ways to reduce the risk of liquidation.
Calculating your position size based on where you place your stop-loss is much more reliable than guessing.
#Tether冻结Ledger盗窃案相关USDT
DYOR and participate responsibly.
· Meaning: A long position being liquidated means a leveraged position betting on a price rise is forcibly closed, usually when prices fall. A short position being liquidated is the opposite and most often happens during a rally.
· Tips: Using less leverage, keeping more margin, and setting stop-losses in advance are the most common ways to reduce the risk of liquidation.
Calculating your position size based on where you place your stop-loss is much more reliable than guessing.
#Tether冻结Ledger盗窃案相关USDT
DYOR and participate responsibly.