📐 $BTC During this bout of volatility in perpetual contracts, a $1.34 million short position was liquidated.
【Term explained】What exactly is liquidation?
Liquidation (also called being liquidated) means that when unrealized losses on a leveraged position cause the margin to fall below the maintenance margin requirement, the system forcibly closes the position according to its rules.
Sizing your position based on where you place your stop-loss is much more reliable than going by feel.

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