Crypto-常山赵子龙
Crypto-常山赵子龙|Jun 13, 2025 01:58
Binance's leading player has been liquidated, resulting in a loss of at least 20 million US dollars in principalThis is the largest single liquidation pushed by Binance since I observed the data. A certain long position was liquidated by 200 million dollars at the 105900 position; According to Binance's position and margin rules, the maximum leverage for opening a 200 million position is 10 times, so the minimum margin for this user is 20 million US dollars; But what is quite puzzling is that his liquidation price was 105900. Even though his opening price was at its highest point of 111000, a $200 million position could only be opened with a leverage of less than 10 times. Therefore, even if he rolled over the position, it was still within the leverage of less than 10 times, but it was liquidated in less than 6 points?
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