$HYPE A $764,000 long position was liquidated during trading in perpetual futures, with the price around 84.883.
Where does this figure come from?
Liquidation (commonly called getting “rekt”) means that when unrealized losses on a leveraged position cause its margin to fall below the maintenance margin requirement, the system closes the position directly according to its rules.
Using less leverage, keeping more margin, and setting stop-losses in advance are among the most common ways to reduce the risk of liquidation.
With leveraged trading, first work out whether you can withstand the worst-case outcome, then see what the indicators say.
Where does this figure come from?
Liquidation (commonly called getting “rekt”) means that when unrealized losses on a leveraged position cause its margin to fall below the maintenance margin requirement, the system closes the position directly according to its rules.
Using less leverage, keeping more margin, and setting stop-losses in advance are among the most common ways to reduce the risk of liquidation.
With leveraged trading, first work out whether you can withstand the worst-case outcome, then see what the indicators say.
