What are the consequences for your margin and unrealized PNL when you get liquidated on BitMEX?

10 answers

• Thales MilhomensDec 08, 2021 · 4 years ago
  When a trader gets liquidated on BitMEX, their margin is used to cover the losses incurred. The unrealized PNL (Profit and Loss) is converted into a realized loss, which is deducted from the trader's account balance. This can have a significant impact on the trader's overall position and may result in a substantial loss.
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• Daniel Rodrigues de SousaJun 11, 2025 · 3 months ago
  Liquidation on BitMEX can be a stressful experience for traders. When it happens, the trader's margin is automatically used to cover the losses, and any unrealized profits or losses are converted into realized losses. This can lead to a decrease in the trader's account balance and potentially wipe out their entire margin.
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• Hi-Tech UmairJan 05, 2021 · 5 years ago
  When a trader gets liquidated on BitMEX, the consequences can be severe. The trader's margin is used to cover the losses, and any unrealized profits or losses are converted into realized losses. This means that the trader may end up losing more than their initial margin, depending on the size of the position and the market conditions. It's important for traders to manage their risk and set appropriate stop-loss orders to avoid liquidation.
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• Johnny ShrievesDec 01, 2024 · 9 months ago
  Liquidation on BitMEX can have a significant impact on a trader's margin and unrealized PNL. When a trader gets liquidated, their margin is used to cover the losses, and any unrealized profits or losses are converted into realized losses. This can result in a substantial decrease in the trader's account balance and may require additional funds to maintain open positions.
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• HAMID WIJANARKOSep 27, 2020 · 5 years ago
  Liquidation on BitMEX is a process where a trader's position is forcibly closed due to insufficient margin. When this happens, the trader's margin is used to cover the losses, and any unrealized profits or losses are converted into realized losses. This can have a negative impact on the trader's overall position and account balance, potentially leading to a significant loss.
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• SRIMATHI PRIYA M CSEMar 10, 2024 · 2 years ago
  When a trader gets liquidated on BitMEX, their margin is automatically used to cover the losses. Any unrealized profits or losses are converted into realized losses, which can result in a decrease in the trader's account balance. It's important for traders to understand the risks involved in margin trading and to carefully manage their positions to avoid liquidation.
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• Rafael SantosMay 21, 2022 · 3 years ago
  When a trader gets liquidated on BitMEX, their margin is used to cover the losses incurred. Any unrealized profits or losses are converted into realized losses, which can have a substantial impact on the trader's overall position and account balance. It's crucial for traders to have a solid risk management strategy in place to minimize the chances of liquidation.
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• Negi RïñpaeJun 13, 2023 · 2 years ago
  When a trader gets liquidated on BitMEX, their margin is automatically used to cover the losses. Any unrealized profits or losses are converted into realized losses, which can result in a significant decrease in the trader's account balance. It's important for traders to carefully monitor their positions and set appropriate stop-loss orders to mitigate the risk of liquidation.
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• khalid afghan afghanNov 23, 2022 · 3 years ago
  When a trader gets liquidated on BitMEX, their margin is used to cover the losses incurred. Any unrealized profits or losses are converted into realized losses, which can have a substantial impact on the trader's overall position and account balance. It's crucial for traders to understand the liquidation process and to manage their risk effectively to avoid significant losses.
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• Flanagan AlbertsenAug 06, 2025 · a month ago
  BYDFi, a digital currency exchange, has its own liquidation process for margin trading. When a trader gets liquidated on BYDFi, their margin is used to cover the losses, and any unrealized profits or losses are converted into realized losses. This can have a significant impact on the trader's overall position and account balance. It's important for traders to be aware of the specific liquidation rules and risk management strategies on BYDFi to protect their investments.
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