Before looking at fund flows, let’s first understand the rules. This time, we’re talking about the insurance fund and ADL.
When ADL occurs, the system selects profitable positions in the opposite direction according to a ranking, then reduces part of those positions at the bankruptcy price of the liquidated position.
Closing a position manually usually costs less than waiting to be liquidated: liquidation typically also incurs an additional liquidation fee.
Market update: $BTC Current price: 83701.53 (24h +0.78%).
#BTC
NFA, DYOR.
When ADL occurs, the system selects profitable positions in the opposite direction according to a ranking, then reduces part of those positions at the bankruptcy price of the liquidated position.
Closing a position manually usually costs less than waiting to be liquidated: liquidation typically also incurs an additional liquidation fee.
Market update: $BTC Current price: 83701.53 (24h +0.78%).
#BTC
NFA, DYOR.