Pag-unawa sa Crypto Mga Liquidation
Noong Pebrero 5, 2026, mahigit $2.1 bilyon sa crypto positions ang na-liquidate sa loob lamang ng 24 oras — nawala ang 310,000+ traders. $890 milyon ang na-liquidate sa isang 45-minutong cascade. Ang pag-unawa kung paano gumagana ang liquidations, bakit nangyayari ang mga ito, at kung paano protektahan ang iyong sarili ay mahalaga para sa anumang crypto trader na gumagamit ng leverage.
Ano ang Crypto Liquidation?
Isang liquidation occurs when a cryptocurrency exchange force-closes your leveraged trading position because your losses have approached or exceeded your deposited margin (collateral). In simple terms: you borrowed money to make a bigger trade, the trade went against you, and the exchange closed it bago you could lose more than what you put in.
Think of it like a house mortgage. If you put 10% down on a house and the house value drops sa ibaba ng what you owe the bank, the bank forecloses. In crypto, the "bank" is the exchange, your margin is the "down payment," and liquidation is the "foreclosure." It happens awtomatiko and instantly -- often in milliseconds.
Open Position
Ikaw deposit margin at open a leveraged long o short position
Kumikilos ang Presyo Laban sa Iyo
Market moves in ang opposite direction of iyong trade
Margin Call
Ang iyong losses approach the maintenance margin level -- babala issued
Liquidation
Exchange force-closes iyong posisyon. Ikaw lose iyong deposited margin.
Long vs Short Liquidation
Long Liquidation
Kapag bumaba ang presyoYou open a LONG position expecting the price to go UP. Instead, the price DROPS. When it drops far enough, your position is liquidated. In the February 2026 crash, 91% of all $2.1B in liquidations were longs -- mga trader who bet BTC would keep going up.
Example: You long BTC sa $80,000 na may 10x leverage. Your liquidation price is approximately $72,800. BTC drops sa $68,000 — you're liquidated sa lose your entire margin. Ikaw long BTC at $70,000 with 10x leverage ($1,000 margin). BTC drops to $63,000 (-10%). Ikawr $1,000 margin ay wiped. Position force-closed.
Short Liquidation
Kapag tumaas ang presyoIkaw open a SHORT position expecting ang price to go DOWN. Instead, ang price RISES. When it rises far enough, iyong posisyon ay liquidated. Short squeezes happen kapag mass short liquidations push ang price kahit higher, creating a cascade in ang opposite direction.
Example: You short BTC sa $68,000 na may 10x leverage. Your liquidation price is approximately $74,800. If BTC bounces sa $75,000 — you're liquidated. Ikaw short BTC at $70,000 with 10x leverage ($1,000 margin). BTC rises to $77,000 (+10%). Ikawr $1,000 margin ay wiped. Position force-closed.
Paano Gumagana ang Leverage
Leverage lets you control a larger position with less capital. While it amplifies potential profits, it equally amplifies losses. Here is how different leverage levels affect your liquidation panganib:
| Leverage | Required Margin | Distansya ng Liquidation | Risk Level | Example ($1,000 margin) |
|---|---|---|---|---|
| 1x (Spot) | 100% | N/A (no liquidation) | Safe | $1,000 → $1,000 position |
| 2x | 50% | ~50% move | Safe | $1,000 → $2,000 position |
| 5x | 20% | ~20% move | Moderate | $1,000 → $5,000 position |
| 10x | 10% | ~10% move | Moderate | $1,000 → $10,000 position |
| 20x | 5% | ~5% move | High | $1,000 → $20,000 position |
| 50x | 2% | ~2% move | Extreme | $1,000 → $50,000 position |
| 100x | 1% | ~1% move | Suicidal | $1,000 → $100,000 position |
| 125x | 0.8% | ~0.8% move | Suicidal | $1,000 → $125,000 position |
At 100x leverage, a mere 1% price move wipes your entire position. During the Feb 2026 crash, BTC dropped 19% sa 36 hours. Anyone gamit ang 5x o higher leverage sa a long was liquidated. BTC regularly moves 5-15% in a single day sa panahon ng volatile markets. At 20x leverage, a 5% move liquidates you. At 100x, a 1% move -- which can happen in seconds -- wipes your position entirely. Over 90% of mga trader using high leverage lose money.
Cross Margin vs Isolated Margin
Margin na Cross
- •Ang iyong ENTIRE account balance is used as collateral
- •Higher liquidation threshold (harder para makakuha ng liquidated on single trade)
- •BUT: one bad trade ay maaaring wipe iyong ENTIRE account
- •panganib of negative balance in extreme flash crashes
Verdict: Dangerous for mga baguhan. One cascading event can destroy your entire portfolio.
Margin na Isolated
- •Lamang the margin allocated to that trade is at risk
- •Lower liquidation threshold (easier para makakuha ng liquidated per trade)
- •Ang iyong other funds and positions are PROTECTED
- •Maximum loss ay limited at known in advance
Verdict: inirerekomenda for all mga trader. Limits risk to individual positions. Always use this.
Pro Tip: On Binance, OKX, and Bybit, you can switch sa pagitan ng Cross and Isolated margin for each position. Always select Isolated Margin bago opening a new leveraged trade. This single setting could save your entire account sa panahon ng a crash.
Liquidation Calculator
Kalkulahin ang iyong liquidation price bago mag-trade. I-adjust ang leverage at entry price sa ibaba.
Long Position Formula
Short Position Formula
Halimbawa: BTC Long sa $68,000 na may 10x Leverage
Case Study: Pebrero 2026 $2.1B Liquidation Event
The February 4-5, 2026 liquidation cascade was one of the largest in crypto history. Triggered by Trump's global tariff war, it demonstrates exactly how cascading liquidations create a waterfall effect that amplifies price crashes far beyond the initial selling pressure.
Nagkabisa ang mga Taripa
BTC at $84K. First wave of selling as Asian markets react. $400M liquidated in unang 6 hours as overleveraged longs at $80K+ get wiped.
Bumilis ang Cascade
BTC drops sa pamamagitan ng $74K. $1.3B total liquidated. Each liquidation pushes price lower, triggering the next wave. Clustered stop-losses sa pagitan ng $72K-$74K accelerate the fall.
Ang 45-Minute Waterfall: $890M Liquidated
BTC breaks $70K. Massive cluster of liquidation orders sa pagitan ng $69K-$71K trigger simultaneously. $890M liquidated in 45 minutes. Price crashes to $68,200. 91% of liquidations are longs.
Makasaysayang Major Liquidation Events
COVID-19 Black Thursday
March 2020Global pandemic panic -- BTC crashed from $8K to $3.8K in 24 hours. BitMEX went down sa panahon ng the cascade.
China Mining Ban Crash
May 2021China banned crypto mining at trading. BTC fell from $58K to $30K over 2 weeks. Largest liquidation event in crypto history.
FTX Collapse
November 2022Nabunyag ang insolvency ng FTX exchange. Bumagsak ang BTC mula $21K patungong $15.5K. Nasira ang tiwala sa mga centralized exchange.
Trump Trade War Crash
February 2026Global tariff war escalation. BTC crashed from $84K to $68K. 310,000+ mga trader wiped out. $890M liquidated in 45 minutes.
7 Paraan Upang Protektahan ang Sarili
Palaging Use Stop-Loss Orders
Isang stop-loss awtomatiko closes your position at a predetermined price. nang walang one, a sudden crash can liquidate your entire margin bago you can react. Set stop-losses at 2-5% sa ibaba ng entry for leveraged trades.
Panatilihin ang Leverage sa Pinakamataas na 2-5x
At 10x leverage, a mere 10% move liquidates you. At 50x, a 2% move wipes your position. BTC regularly moves 5-15% in a single day sa panahon ng volatile markets. Low leverage gives you room to survive.
Gumamit ng Isolated Margin (Hindi Cross)
Isolated margin limits your loss to the margin allocated to that specific trade. Cross margin uses your entire account balance bilang collateral -- meaning one bad trade can wipe your whole account.
Huwag kailanman Risk More Than 1-2% Per Trade
Professional mga trader risk 1-2% of their total account per trade. If you have $10,000, risk $100-$200 maximum per position. This way, even 10 consecutive losses only cost 10-20% of your capital.
Subaybayan ang Funding Rates
High positive funding rates mean longs ay overleveraged at paying shorts. This often precedes a long squeeze (mass long liquidation). High negative funding signals ang opposite. Use funding rates as a crowding indicator.
Panatilihing may Reserbang Stablecoin
Hold 20-40% of your portfolio in stablecoins (USDT/USDC). This serves two purposes: it pinoprotektahan capital sa panahon ng crashes and gives you buying power to enter pagkatapos ng liquidation cascades create discounted prices.
Mag-trade na may Risk Management
Binance offers 20% fee discount, isolated margin mode, at stop-loss protection. I-minimize ang risk, i-maximize ang control.
Also available on other exchanges with eksklusibong referral codes:
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Mahalagang Babala sa Panganib
- •Ang leveraged trading ay extremely high-risk. $2.1B ay na-liquidate noong Feb 5, 2026.
- •310,000+ traders ay nawalan ng kanilang margin sa isang araw.
- •Huwag kailanman mag-trade ng leverage na higit sa kayang mawala.
- •Ang nakaraang performance ay hindi gumagarantiya ng hinaharap na mga resulta.
- •Ang artikulong ito ay para lamang sa edukasyon at hindi financial advice.
- •This article is para sa informational purposes only sa does not constitute financial o investment advice.
Trade Safely sa Binance
Learn mula sa the $2.1B liquidation event. Use isolated margin, set stop-losses, sa trade na may the tools sa protect your positions. Get 20% off lahat trading fees na may our exclusive referral code.
Disclaimer: Ang artikulong ito ay para sa impormasyon lamang. Ang leveraged crypto trading ay may extreme risk ng pagkawala. $2.1 bilyon ay na-liquidate noong Pebrero 5, 2026. Ang mga estratehiya na inilarawan ay maaaring hindi mag-prevent ng losses sa lahat ng kondisyon. Huwag kailanman mag-trade ng pera na hindi mo kayang mawala. Ito ay hindi financial advice. Ang lahat ng referral links ay nagbibigay ng fee discounts nang walang dagdag na gastos.