Let’s talk about unrealized and realized P&L.
Unrealized P&L is the profit or loss on an open position, calculated at the current price. As the price changes, so does your unrealized P&L.
One thing that’s easy to overlook: the return shown on the page may look huge, but that’s often just the effect of leverage—it’s not the same as the actual change in the coin’s price.
Don’t mistake unrealized gains for money you’ve already made. If the market turns, unrealized gains can quickly become unrealized losses.
Back to the market: $BTC current price 74212 (24h -2.12%).
Unrealized P&L is the profit or loss on an open position, calculated at the current price. As the price changes, so does your unrealized P&L.
One thing that’s easy to overlook: the return shown on the page may look huge, but that’s often just the effect of leverage—it’s not the same as the actual change in the coin’s price.
Don’t mistake unrealized gains for money you’ve already made. If the market turns, unrealized gains can quickly become unrealized losses.
Back to the market: $BTC current price 74212 (24h -2.12%).
