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If the asset drops by 10% I'd get liquidated and lose the original $100, but what
happens if I see the price drop 2% and sell there
happens if I see the price drop 2% and sell there
If the price drops 2% and you sell, you will have $980 in assets, but you still owe $900 to the exchange, after you repay the $900, you will have $(980-900) = $80 left.
