$BTC During this bout of volatility in perpetual futures, a $12.03 million long position was liquidated.
Let’s look at what lies behind this figure.
Liquidation (also called being “rekt”) means that when losses on a leveraged position cause its margin to fall below the maintenance margin requirement, the system automatically closes the position.
All data reflects market movements that have already happened; the market could just as easily move in the opposite direction.
Let’s look at what lies behind this figure.
Liquidation (also called being “rekt”) means that when losses on a leveraged position cause its margin to fall below the maintenance margin requirement, the system automatically closes the position.
All data reflects market movements that have already happened; the market could just as easily move in the opposite direction.