๐๏ธ Data: $ETH ๏ฝ$7.43 million in short liquidations
ยท Definition: Liquidation (also called getting liquidated) means that when losses on a leveraged position reduce its margin below the maintenance margin requirement, the system forcibly closes the position according to its rules.
ยท How to interpret this: The risk of leveraged trading is that even if your judgment ultimately proves correct, price fluctuations along the way may trigger a liquidation before then.
Donโt let a single indicator throw off your original strategy, and definitely donโt gamble borrowed money on a single reading.
ยท Definition: Liquidation (also called getting liquidated) means that when losses on a leveraged position reduce its margin below the maintenance margin requirement, the system forcibly closes the position according to its rules.
ยท How to interpret this: The risk of leveraged trading is that even if your judgment ultimately proves correct, price fluctuations along the way may trigger a liquidation before then.
Donโt let a single indicator throw off your original strategy, and definitely donโt gamble borrowed money on a single reading.