$ZEC A $646,000 long position was liquidated in perpetual futures trading.
Whenever I come across liquidation news like this, I instinctively check my own leverage. At first, I only knew that liquidation was scary. Later, I learned that it’s not just about whether you got the direction right—it also depends on how high your leverage is and whether you have enough margin. When a sudden sharp move hits, too little margin can get your position liquidated.
Don’t change your pace just because of a number, and never use borrowed money to test a hunch.
Whenever I come across liquidation news like this, I instinctively check my own leverage. At first, I only knew that liquidation was scary. Later, I learned that it’s not just about whether you got the direction right—it also depends on how high your leverage is and whether you have enough margin. When a sudden sharp move hits, too little margin can get your position liquidated.
Don’t change your pace just because of a number, and never use borrowed money to test a hunch.