A trader is on the brink of liquidation with a 6,000 ETH long position at 25x leverage. The entry price is $2,084.5, with a liquidation price of $2,040.5, leaving only $13 of margin space. This situation arises after the trader voluntarily closed 1,700 ETH at a $48,000 loss, which previously reduced the margin space to just $5.
Trader Faces Liquidation Risk on 6,000 ETH Position
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
