$SOL During this bout of volatility in perpetual futures, an $860,000 short position was liquidated.
A classic newbie question: What does liquidation (getting rekt) mean?
When large numbers of long positions are liquidated, selling pressure increases; when large numbers of short positions are liquidated, extra buying pressure is added. That’s how cascading liquidations intensify market moves.
The golden rule this jokester trader lives by: Keep leverage low enough to sleep soundly, and set stop-losses more punctually than your morning alarm.
All indicators describe price movements that have already happened. Prices can move in the opposite direction at any time.
Just sharing my personal views—not investment advice.
A classic newbie question: What does liquidation (getting rekt) mean?
When large numbers of long positions are liquidated, selling pressure increases; when large numbers of short positions are liquidated, extra buying pressure is added. That’s how cascading liquidations intensify market moves.
The golden rule this jokester trader lives by: Keep leverage low enough to sleep soundly, and set stop-losses more punctually than your morning alarm.
All indicators describe price movements that have already happened. Prices can move in the opposite direction at any time.
Just sharing my personal views—not investment advice.
