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🔔 [Short liquidation] OKX [ZEC-USDT-SWAP] was liquidated at price 1274; liquidation amount: $18.84W
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OKX's ZEC-USDT-SWAP at 1274 saw a short liquidation marked at$18.84W。
🔔 [Short liquidation] OKX [ZEC-USDT-SWAP] was liquidated at price 1274; liquidation amount: $18.84W
The exchange is OKX。
The contract is ZEC-USDT-SWAP。
The event type is a short liquidation.
The liquidation price was 1274.
The liquidation amount is labeled as $18.84W。
The following is analysis, separate from reported facts. Verify important claims independently.
A short liquidation generally means that a position betting on a price decline was forcibly closed; this message only indicates a specific liquidation event.
It can help beginners understand that ZEC-related contracts experienced liquidations, but a single message cannot determine subsequent price trends.
Liquidation means that a trader's position was forcibly closed by the system and may involve high risk.
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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.
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