Chinese slang for a margin call, where your positions are liquidated automatically due to an insufficient trading balance.
The market was so crazy today, I got zhoutonged.
Bitcoin slang, Your positions are automatically liquidated
due to insufficient trading balance after a margin call.
This occurs when trading using "leverage buying" at high levels 5:1 or 10:1
The large swings in the Bitcoin exchange rates can force automated margin selling,
when the Broker sells out the customer without notice.
I Just Got "ZHOUTONGED"!.... lost it all on a margin call.