$ETH During this round of volatility in perpetual futures, a long position worth $1.99 million was liquidated, with the price around 1990.26.
Let's talk about what lies behind this figure.
When prices surge or plunge, liquidations often happen in clusters: one batch of positions gets liquidated, pushing prices further, which then triggers the next batch.
Don't use leverage to try to recover losses; this is often how a string of liquidations begins.
Keep enough margin for futures positions so that one sudden price swing doesn't wipe them out.
#ETH
This may not be accurate, so don't follow it blindly.
Let's talk about what lies behind this figure.
When prices surge or plunge, liquidations often happen in clusters: one batch of positions gets liquidated, pushing prices further, which then triggers the next batch.
Don't use leverage to try to recover losses; this is often how a string of liquidations begins.
Keep enough margin for futures positions so that one sudden price swing doesn't wipe them out.
#ETH
This may not be accurate, so don't follow it blindly.
