Technical Notes｜In the past 4 hours, Binance futures liquidations reached $9.27 million｜Long positions accounted for 37.2%｜$BTC tops the list
First, the definition: in isolated margin mode, the maximum loss in a forced liquidation is the margin invested in that position; in cross margin mode, the balance in the account will be used to absorb the loss.
Next, how to read it: when large liquidations occur, rather than guessing where the market will go next, first check how close your own position is to the liquidation price.
The same data can mean very different things in different market conditions, so don't rigidly apply a single rule of thumb.
First, the definition: in isolated margin mode, the maximum loss in a forced liquidation is the margin invested in that position; in cross margin mode, the balance in the account will be used to absorb the loss.
Next, how to read it: when large liquidations occur, rather than guessing where the market will go next, first check how close your own position is to the liquidation price.
The same data can mean very different things in different market conditions, so don't rigidly apply a single rule of thumb.