When the latest trade price moves against a user's position and the margin ratio drops to 0% or below, the forced liquidation mechanism will be triggered.
After liquidation is triggered:
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The system automatically takes over the liquidated position
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The takeover price: Does not appear on K-line charts (bypasses matching system)；Differs from the actual liquidation price
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User's liquidation loss equals: The loss when margin ratio reaches 0%；Maximum loss ≤ total margin allocated to the position