$BTC A $4.08 million long position was liquidated intraday in the perpetual futures market, with the price around 68,744.58.
Let's use this figure to break down how liquidations work.
The maintenance margin is the minimum margin required to keep a position from being liquidated. The larger the position's notional value, the higher the required margin ratio tends to be.
Liquidation amounts can show which direction contract funds are more concentrated in, but they are calculated after the fact and can't be used on their own to predict market movements.
Extreme figures often mean greater volatility. At times like these, it's better to reduce your position rather than add to it.
Let's use this figure to break down how liquidations work.
The maintenance margin is the minimum margin required to keep a position from being liquidated. The larger the position's notional value, the higher the required margin ratio tends to be.
Liquidation amounts can show which direction contract funds are more concentrated in, but they are calculated after the fact and can't be used on their own to predict market movements.
Extreme figures often mean greater volatility. At times like these, it's better to reduce your position rather than add to it.