The market has been continuously declining, with two full-position 100x long orders deeply trapped inside, the liquidation price is getting closer, and there is a constant risk of liquidation, which is weighing heavily on my mind.
Currently, I hold two long positions in $SOL and $ETH. Let me show you the dangerous position status now.
$SOL long position, full 100x leverage, entry average price 107.88, current price 103.85, position size 37,618U, unrealized loss 1,458.55U, return rate -373.25%, estimated liquidation price 74.64. If the price continues to drop, it will be even closer to the liquidation line.
$ETH is also a full 100x long position, entry average price 2594.24, current price 2393.5, unrealized loss 2,828.83U, return rate -773.79%, estimated liquidation price 1571.13. This position has an even larger loss and is the riskiest.
My approach: I can only hope for a market rebound. Once the price recovers, I will prioritize handling the ETH position since it has the most severe loss, reducing the position first to lower risk. I will also look for opportunities to gradually exit the SOL position to preserve the account principal as much as possible and avoid direct liquidation.
100x leverage really leaves no room for error; if the market continues to fall slightly, you will face the liquidation crisis head-on. I want to ask everyone, for positions on the verge of liquidation, do you tough it out waiting for a rebound, or cut losses and exit immediately? #InstitutionalFundsWeakening, which will see inflows first, BTC or ETH? $SOL$ETH$BTC #InstitutionalFundsWeakening, which will see inflows first, BTC or ETH?
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