What does it mean when more ADL indicator lights next to a position are lit?
A position is bankrupt when its losses exceed its entire margin. This usually happens during a price gap, when a liquidation order cannot be filled at a reasonable price.
Take note: Slippage increases during extreme price volatility. Leave enough buffer when using high leverage, and don’t stubbornly hold on near the liquidation price.
Related coin: $BTC . Current price: 76836, 24h: -1.87%.
Avoid chasing orders when prices fluctuate sharply. Wait for the market to stabilize before deciding what to do.
A position is bankrupt when its losses exceed its entire margin. This usually happens during a price gap, when a liquidation order cannot be filled at a reasonable price.
Take note: Slippage increases during extreme price volatility. Leave enough buffer when using high leverage, and don’t stubbornly hold on near the liquidation price.
Related coin: $BTC . Current price: 76836, 24h: -1.87%.
Avoid chasing orders when prices fluctuate sharply. Wait for the market to stabilize before deciding what to do.