$ETH ｜$9.06 million in long liquidations
Before discussing funds, first understand liquidation.
Liquidation (commonly called getting “blown up”) occurs when unrealized losses on a leveraged position cause its margin to fall below the maintenance margin requirement, prompting the system to automatically close the position.
The key to leveraged trading is this: even if you ultimately get the direction right, a sudden price spike along the way may still wipe out your position first.
Understanding this metric helps you avoid being misled by a single number; it’s not meant to predict whether prices will rise or fall.
#ETH
Before discussing funds, first understand liquidation.
Liquidation (commonly called getting “blown up”) occurs when unrealized losses on a leveraged position cause its margin to fall below the maintenance margin requirement, prompting the system to automatically close the position.
The key to leveraged trading is this: even if you ultimately get the direction right, a sudden price spike along the way may still wipe out your position first.
Understanding this metric helps you avoid being misled by a single number; it’s not meant to predict whether prices will rise or fall.
#ETH