Liquidation: The brutal truth behind trading! 💥

Have you ever wondered where your money goes when you're liquidated? Get ready because it doesn't just vanish into thin air!

Here’s the dark breakdown:

1️⃣ Exchange profits are huge: Binance (or any exchange) happily takes the liquidation fee directly from your collateral. They are the house, and the house always wins.

2️⃣ Opposing traders benefit: Your loss is their jackpot. The counterparts on the other side of your trade thrive while your position is forcibly closed to feed their profits. It’s a battlefield, and they just scored a direct hit.

3️⃣ The safety net of the insurance fund: Do you have a little extra money left after the slaughter? That goes to Binance's insurance fund, protecting the system from market chaos.

In summary: Binance takes a cut, counterparts celebrate, and you’re left wondering: “What just happened?”

#BinanceAlphaAlert #USJoblessClaimsDrop #ShareYourTrade