$ETH long position
A long position in Buddy’s $ETH is nearing partial liquidation, with the remaining position just $57 from the liquidation price. This situation highlights the volatility in cryptocurrency trading. Liquidation occurs when the value of a trader’s position falls below a required threshold, prompting automatic closure to prevent further losses. Traders must monitor their positions closely to avoid such scenarios, especially in a fluctuating market. The proximity to liquidation indicates potential risks for investors involved in this position.
