【One-Minute Explainer】What’s the difference between unrealized and realized P&L?
For a long position, unrealized P&L = (mark price − entry price) × position size. For a short position, it’s (entry price − mark price) × position size.
In cross margin mode, unrealized profits are also added to your margin balance to help absorb volatility in other positions. When the market pulls back, that support gets thinner.
The coin mentioned in the article: $BTC is trading at 77846.25, up 0.75% in 24h.
Limiting the maximum loss on any single trade to a small fraction of your account is more important than guessing the perfect entry point.

#BTC

Markets change in an instant—don’t rush to conclusions.