Rumors spread on social media on Friday afternoon claiming that margin financing and securities lending accounts were being liquidated in batches and that brokerages had started large-scale forced selloffs. The claims stirred investor concern.
Interviews cited by Shanghai Securities News showed a different picture. According to the report, several brokerage sources said overall risks in margin financing and securities lending business remain under control, and there has been no broad wave of concentrated forced liquidations.
The report added that some accounts have reached warning or margin call thresholds, but forced liquidation cases remain isolated rather than systemic. The account circulating online, the sources said, materially diverged from actual market conditions.
Rumors circulated on social media Friday afternoon claiming that margin financing and securities lending accounts were blowing up in clusters and that brokerages were carrying out batch forced liquidations, stoking investor concern.
Interviews cited by Shanghai Securities News pointed to a different reality. The report said actual market conditions differed markedly from the panic-driven narrative spreading online.
People from several brokerages said risks in margin financing and securities lending business remain broadly controllable and that there is no large-scale, concentrated forced liquidation across accounts.
The report added that some accounts have hit warning lines or margin call thresholds, but forced liquidation cases are isolated.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
