Get Bitculator on Android
Marketcap:
$2,025,705,304,024
Volume 24h:
$98,090,434,969
Jun 09 Liquidations:
$0
24H Long/Short:
Coming soon
Latest cryptocurrency liquidations data
Track real-time liquidation events, detailed liquidation volumes, market impacts, and trend analyses for the major cryptocurrencies.
- Liquidation Volume
-$15,722,475
- Long Positions
- Long: 2212
- Short Positions
- Short: 811
- Total Liquidations
- 2212811
Daily Liquidations
Showing 1 to 100 of 647 results
Latest Liquidations
About Liquidations
What Is Crypto Liquidation?
Crypto liquidation is the process of forcibly closing a trader’s position in the cryptocurrency market when their account balance falls below a certain threshold. This typically occurs in leveraged trading, where traders borrow funds to increase their market exposure. While leverage can amplify gains, it also magnifies losses. When a trader's losses exceed the margin required to maintain their position, liquidation is triggered.
In simpler terms, liquidation happens when a trader can no longer support their leveraged position due to insufficient collateral. To protect against further losses, the exchange or trading platform will automatically close the position at the current market price. This is done to ensure that the trader does not incur additional debt and to safeguard the platform from potential losses.
The liquidation process is often automated, with platforms setting specific margin requirements that, when breached, trigger the liquidation. Traders might not always have the opportunity to manually close their positions before liquidation occurs, especially in highly volatile markets where prices can shift rapidly.
The Risks of Liquidation
Liquidation can have severe financial consequences for traders. When a position is liquidated, it’s typically closed at the worst possible time-during a market downturn-often resulting in significant losses. For this reason, it’s crucial for traders to employ sound risk management practices, such as setting stop-loss orders and monitoring their margin levels closely, to avoid the risk of liquidation.
What Does It Mean to Get 'Rekt' in Crypto?
In the world of cryptocurrency, the term 'Rekt' (short for 'wrecked') is often used to describe the outcome of a liquidation. When a trader says they got 'rekt', they’re referring to a situation where their position was liquidated, resulting in substantial losses. This term has become part of the crypto community's lexicon, symbolizing the inherent risks and volatility of the market.
Getting rekt is usually associated with high-risk trading strategies, particularly those involving high leverage. While it’s often used in a humorous or self-deprecating way, the underlying message is a serious one: without proper risk management, the potential for losses in the crypto market is significant.