Does ADL Primarily Affect the Bid or the Ask Side of the Order Book?
Auto-Deleveraging (ADL) affects both the bid and ask sides, depending on the direction of the profitable positions being closed. If the deficit was caused by a bankrupt long position, ADL will close profitable short positions, which are on the bid side.
If the deficit was from a bankrupt short position, ADL will close profitable long positions, which are on the ask side. Therefore, it affects the side opposite to the bankrupt position's direction.