What does the Huobi liquidation price mean?
What does the Huobi liquidation price mean? According to Huobi\’s announcement,
What does the Huobi liquidation price mean? According to Huobi’s announcement, in order to prevent users from being liquidated and trapped, Huobi will implement a zero transaction fee guarantee mechanism for some investors. Specifically, it includes:
(1) Under normal circumstances, leverage trading is conducted (generally BTC/USDT);
(2) When liquidation occurs, the market will automatically close positions based on the actual situation;
(3) The larger the liquidation amount, the higher the liquidation cost.
The market data from Huobi Global shows that the total market value of mainstream cryptocurrencies is about $2.78 trillion as of now, with a 24-hour increase of 13.8%. Bitcoin has risen over 20%, while Ethereum has risen over 40%.
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