Liquidation
Forced closure of a leveraged position when its margin is exhausted.
When a leveraged position's loss approaches the trader's margin, the exchange auto-closes it to protect itself and any insurance fund. Long liquidations happen as price falls; short liquidations happen as price rises. Clustered liquidation levels act as magnets · markets often run toward them because the forced selling/buying adds fuel. We publish a live LiqMap showing the aggregate liquidation pressure per 0.5% price bucket and a calculator that tells you exactly where your own position gets liquidated.
See it live on ByKaranteli
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