A friend asked me about this privately, so let me explain it in plain English.
When increasing leverage, the adjustment will fail if your current position exceeds the maximum notional value allowed at the new leverage.
You can think of the margin ratio as a progress bar toward liquidation: the closer it gets to 100%, the greater the risk. To bring the ratio down, you need to add margin or reduce your position.
Today's market: $BTC is trading at 77124.74, down 3.71% over the past 24 hours.
If you found this helpful, save it to look at again later.
#BTC
When increasing leverage, the adjustment will fail if your current position exceeds the maximum notional value allowed at the new leverage.
You can think of the margin ratio as a progress bar toward liquidation: the closer it gets to 100%, the greater the risk. To bring the ratio down, you need to add margin or reduce your position.
Today's market: $BTC is trading at 77124.74, down 3.71% over the past 24 hours.
If you found this helpful, save it to look at again later.
#BTC