Crypto

What is Liquidation?

The forced closing of a leveraged position when the margin is no longer enough to cover its losses.

When the price moves against a leveraged trader far enough, the exchange closes the position automatically. A wave of liquidations can push the price further, which triggers more of them.

Our Liquidation War page shows estimated liquidation levels and every real liquidation as it happens.

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Definitions are general and are not investment or tax advice.