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🔔 [Long liquidation] OKX [ZEC-USDT-SWAP] was liquidated at price 1335; liquidation amount: $19.80W
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The message stated that OKX of ZEC-USDT-SWAP at a price of 1335 a long position liquidation occurred, with an amount of$19.80W。
🔔 [Long liquidation] OKX [ZEC-USDT-SWAP] was liquidated at price 1335; liquidation amount: $19.80W
The source labels the event as a long liquidation.
The platform involved was OKX, and the contract was ZEC-USDT-SWAP。
The price listed in the original text was 1335。
The source lists the liquidation amount as $19.80W.
The following is analysis, separate from reported facts. Verify important claims independently.
Long liquidation means that a long position is forcibly liquidated. This message reported a liquidation event involving OKX on ZEC-USDT-SWAP but provided no verification materials such as trade records.
Liquidation information can be used to observe whether concentrated forced liquidations have occurred in the derivatives market, but this single message alone cannot determine the subsequent price direction or scope of the impact.
Beginners should treat this as a market-risk alert pending verification and should not use it alone to determine whether prices will rise or fall or to trade.
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This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →A risk-management mechanism in which a leveraged position is forcibly closed by the system after moving adversely beyond a specified threshold.
View glossary →A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
View glossary →