currencies – Understanding liquidation when buying and selling Cryptocurrency in ByBit


I am making an attempt to grasp commerce cryptocurrency utilizing ByBit however as you may see I don’t know what I am doing.

I had $100 {dollars} (0.0460 ETH) and I received liquidated in lower than an hour.

Can somebody please clarify how did that occur so shortly based mostly on the settings under?

My understanding was that I used to be going enter on the Etherium value of $2,115 and that the commerce would shut at both $2,300 or $2,089 whichever hit first.

How did I lose the entire $100/0.0460 ETH, I am confused.

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