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Bitget has upgraded its ADL (Automatic Position Reduction) mechanism; trades will now be executed using the mark price.
Svmuu News: Bitget has completed an upgrade to the ADL (Automatic Position Reduction) execution price mechanism. Following the upgrade, when the insurance fund account triggers an ADL and matches with a counterparty’s position, the execution price will be based on the current mark price, bringing the ADL execution price closer to the actual market price. Users can more accurately assess the potential impact of ADL on their positions and strategies, facilitating risk management and strategy planning.
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