Trying to understand something. I took a 5x leverage play at 13.12 on a crypto. The estimated liquidation price at the time was 10.55. The margin ratio has been about 2% since time of purchase which was been about a week. The price is currently 13.24 so I’m in the profit a couple hundred. Why is the est liquidation price increasing each day?

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Not 100% sure but I think you have to pay for leverage, which is reducing your collateral daily and raising the liquidation price

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