News about Liquidate

by COINS NEWS - 9 months ago

A single trader short sold $13M in ETH, aggressively shorting since the rise from just above $1700. They just got liquidated on $12M of the position today after ETH passed $1953. After getting rekt, they actually increased leverage from 7x to 30x on remai

Leverage exists for two reasons. To significantly multiply the trading fees of exchanges To provide entertainment for the rest of us because they only did this to themselves On GMX, there is a trader who has shorted ETH, and bafflingly has be...

by COINS NEWS - 9 months ago

A single trader short sold $13M in ETH, aggressively shorting since the rise from just above $1700. They just got liquidated on $12M of the position today after ETH passed $1953. After getting rekt, they actually increased leverage from 7x to 30x on remai

Leverage exists for two reasons. To significantly multiply the trading fees of exchanges To provide entertainment for the rest of us because they only did this to themselves On GMX, there is a trader who has shorted ETH, and bafflingly has be...