$BTC A $1.51 million long position in perpetual futures was liquidated during trading.
Everyone, what is a liquidation (getting liquidated)? Here’s a quick explanation👇
When prices surge or plunge, liquidations often happen in clusters: the first positions get closed, pushing prices further and triggering the next batch.
Using less leverage, keeping more margin, and setting stop-losses in advance are the most common ways to avoid getting liquidated.
Learning to read indicators is easy; the hard part is sticking to your plan when emotions are running high.
Everyone, what is a liquidation (getting liquidated)? Here’s a quick explanation👇
When prices surge or plunge, liquidations often happen in clusters: the first positions get closed, pushing prices further and triggering the next batch.
Using less leverage, keeping more margin, and setting stop-losses in advance are the most common ways to avoid getting liquidated.
Learning to read indicators is easy; the hard part is sticking to your plan when emotions are running high.
