Data shows the crypto futures market has seen liquidations of nearly $180 million during the past day as Bitcoin has surged toward $29,000.
Crypto Futures Market Registered High Liquidations In The Last 24 Hours
The “liquidation” of a futures contract happens when the holder accumulates losses equal to a specific percentage of the margin (the initial collateral), leading to the derivative exchange with which the position is open to forcibly close the said contract.
In the crypto sector, it’s not unusual to see a mass amount of liquidations happening at once because of the nature of the market. There are mainly two factors that can significantly affect the risk of a contract being liquidated: the amount of leverage being used by the investor, and the volatility of the coin the position is for.
The “leverage” here refers to a loan amount that an investor may opt to take on against the margin. The benefit of taking on leverage is naturally that any profits earned will become mor
We współpracy z: https://bitcoinist.com/crypto-liquidations-hit-180m-as-bitcoin-nears-29000/
