Yili Hua's liquidation price is at 1600. Although the market is currently bleeding heavily, there hasn't been a significant trigger yet. Once the trigger hits and Yili Hua's position is liquidated, both Yili Hua and the bottom-fishing positions will trigger a chain reaction of liquidations. The big drop is coming...
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Yili Hua's liquidation price is at 1600. Although the market is currently bleeding heavily, there hasn't been a significant trigger yet. Once the trigger hits and Yili Hua's position is liquidated, both Yili Hua and the bottom-fishing positions will trigger a chain reaction of liquidations. The big drop is coming...