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Negative Bitcoin PNL After Buy at 111,670 — Likely Fees, FX or Leverage
I don't understand why my Bitcoin PNL on the balance is negative. An old buy order at 111,670 was executed, so I would expect the PNL to be positive now.
Please help clarify what could cause a negative PNL despite that executed buy price.
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Analysis
PNL can appear negative even after an executed buy if the exchange uses a different average entry, includes fees/commissions, applies funding or margin costs, records realized vs unrealized differentl...
Recommendation
Verify the trade history and average entry price, recalculate unrealized PNL = (current price − avg entry) × size − fees, check for partial fills, leverage/funding charges and account currency convers...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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