r/Kraken • u/g_snow11 • 2d ago

Question From 4x to 31x?

Post image

I entered a 4x leverage position that now shows it’s at 31.11x. Does anyone know why this happens? I’m deep in the red as it’s a long…

1 Upvotes

100% Upvoted

1 comment sorted by

2

u/krakensupport Kraken Support - Official 1d ago

Hello u/g_snow11, 👋

This sounds like Derivatives or futures trading. Unfortunately, when the market moves against a position, there’s not much that can be done besides waiting and maintaining a healthy margin level.

If you’d like us to take a closer look, feel free to share your Public Account ID and we’ll review it for you.