What does Huobi’s liquidation price mean?
What does Huobi\’s liquidation price mean? What does Huobi\’s liquidation price me
What does Huobi’s liquidation price mean? What does Huobi’s liquidation price mean?
When you hold Bitcoin in an exchange, your trading volume will be liquidated. If an investor fails to set a stop loss in time or incurs selling losses after buying long contracts, the amount the user loses will be small (for example, 50,000 to 200,000 yuan), because at this time the user’s funds are safe. However, once the price drops below $10,000, the user’s profits could be very large; but if the market continues to fall, causing significant profit losses, it may trigger liquidation.
Therefore, according to the statistics provided by Huobi, there are currently 24 accounts on the Huobi platform with 21 different types of liquidation orders: BTC, ETH, EOS, BCH, and others.
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