What does Bitcoin liquidation mean (Bitcoin opening and liquidation)

According to Bitcoin, Bitcoin has experienced a significant decline in recent market trends. Due to significant price fluctuations and increased uncertainty, many investors are turning their attention to other areas such as the Bitcoin trading platform and the options market. What does Bitcoin liquidation mean Simply put, when the price of a futures contract falls below the expiration date (or after the expiration date), Bitcoin liquidation occurs. Usually, when the price of a futures contract is higher than the expiration date, there is a behavior called “buying” or short selling. But if the futures contract is bullish or bullish, this situation will occur, so people will refer to it as’ closing the position ‘

Bitcoin Opening and Closing

According to the Bitcoin BTC perpetual contract market, as of 16:00 (GMT+8) today, the BTC price is temporarily at $8850 (+0.99%), and the settlement fund rate is 0.010000% at 20:00 (GMT+8) BTC fluctuated around $8500 last night and opened around 9pm. According to the data on the delivery contracts of Bitcoin, the quarterly contract turnover of Bitcoin has slightly increased, and the holdings continue to increase. The proportion of elite long positions has decreased, and the contract premium for the quarter has decreased, while elite short positions have reduced their positions. The market remains flat, and there is still room for recovery in the future. The quotation of USDT on the OTC platform of HuoCoin Global is 7.03 yuan, with a premium rate of -0.81%.