What determines the liquidation price? Many people can't explain it clearly!
In cross margin mode, lowering the leverage multiplier alone won't move the liquidation price farther away. Reducing your position or adding funds will help.
Positions with high leverage have very little initial margin. After deducting the maintenance margin, they can absorb even fewer losses, so the liquidation price is very close to the entry price.
Fees are also part of the cost of holding a position, so the longer you keep a trade open, the more carefully you need to account for them.
$BTC 75951.4 (-0.3%)
#BTC
In cross margin mode, lowering the leverage multiplier alone won't move the liquidation price farther away. Reducing your position or adding funds will help.
Positions with high leverage have very little initial margin. After deducting the maintenance margin, they can absorb even fewer losses, so the liquidation price is very close to the entry price.
Fees are also part of the cost of holding a position, so the longer you keep a trade open, the more carefully you need to account for them.
$BTC 75951.4 (-0.3%)
#BTC