Exchanges may close a leveraged position when collateral no longer covers the required margin. The value of liquidated positions does not establish traders’ realized losses; see EconoTimes’ explainer on crypto liquidations.

Digital Currency
Liquidation totals track the value of positions closed, but do not establish traders’ realized losses.

Exchanges may close a leveraged position when collateral no longer covers the required margin. The value of liquidated positions does not establish traders’ realized losses; see EconoTimes’ explainer on crypto liquidations.
Long positions are designed to benefit from price rises, while short positions benefit from declines.
The $3.9 million program covers losses from drained wallets and the trading pause; some refunds remained outstanding.
The Nov. 1 count was the largest in a series that began Sept. 26, but it does not identify how many people are behind the addresses.