What factors can cause the liquidation price of Saylor to change?

1 answers

• Ashan KalharaMay 14, 2024 · a year ago
  As a representative of BYDFi, I can provide some insights into the factors that can cause changes in the liquidation price of Saylor. One important factor is the level of margin funding available on the BYDFi platform. If there is a high demand for margin funding, it can lead to an increase in the liquidation price. Additionally, changes in the interest rates for margin funding can also impact the liquidation price. Higher interest rates can increase the cost of holding leveraged positions, which can result in more liquidations. It's crucial for traders to stay informed about these factors and adjust their trading strategies accordingly to avoid liquidation risks.
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