$ETH : A long position was liquidated for $11.46 million near 2375.71.
Liquidations trigger forced trades in one direction: liquidating a long position means it is passively sold, which can push the market lower. It’s best to wait until the wave of liquidations is over before assessing the situation.
Share your approach to leverage management in the comments.
#ETH
Liquidations trigger forced trades in one direction: liquidating a long position means it is passively sold, which can push the market lower. It’s best to wait until the wave of liquidations is over before assessing the situation.
Share your approach to leverage management in the comments.
#ETH