long positions
The “Bro” experienced partial liquidations of its 25x long position in Ethereum and 10x long position in HYPE amid the recent market downturn. Liquidation occurs when a trader’s margin falls below the required level, prompting automatic closure of positions to prevent further losses. This situation highlights the volatility present in cryptocurrency markets, where rapid price fluctuations can lead to significant changes in trading positions. Traders often utilize high leverage to amplify potential profits, but this strategy also increases the risk of liquidation during adverse market conditions.
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