Back

Crypto Market Sees $396.86 Million in Trader Liquidations in 24 Hours

More than half of the liquidations were short positions, indicating a sharp market move affecting leveraged traders.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Liquidation: The forced closure of a trader's position due to insufficient margin to cover potential losses.
  • Short Position: A trading strategy that profits from a decline in the price of an asset by selling it first and buying it back later at a lower price.