I would like to ask all my buddies about the contract issue regarding PIPPIN.

I see that my forced liquidation price is displayed as 4853 US dollars. Does this mean that if I really get liquidated, my account will have 4853 U left? I'm a bit confused about this logic, please explain!

PIPPIN14.6%

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Frontrunner

· 16h ago

Dude, your understanding is reversed... The liquidation price is not your remaining money, it's the price that triggers the close position.

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GamefiGreenie

· 11-29 03:31

Um... this logic can indeed be confusing, the liquidation price is not about how much you can save, bro.

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SilentAlpha

· 11-28 10:51

Dude, the liquidation price is not your remaining money, it's the trigger price, you got it wrong.

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TommyTeacher

· 11-28 10:51

Brother, you misunderstood. The liquidation price is not the amount of money you have left; it is the price point that triggers the Close Position.

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CoconutWaterBoy

· 11-28 10:45

Bro, your understanding is a bit off. The liquidation price is not the money you have left; it is the price point that triggers the liquidation. Once you are really liquidated, there is basically nothing left, as the fees take a big chunk.

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HashRateHermit

· 11-28 10:44

Bro, the liquidation price is not your remaining amount, it's a big trap.

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BTCETH

· 11-28 10:38

That is, if it reaches this price level, you will have nothing.

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CleanDustStepByStep

· 11-28 10:31

When you ask a question, send out the picture, and you will get the most accurate answer.