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🔔 [Long liquidation] BINANCE [SOLUSDT] was liquidated at price 101.6; liquidation amount: $99.95W
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The report states that BINANCE's SOLUSDT had a long liquidation at a price of 101.6, with an amount of 999500 USD.
🔔 [Long liquidation] BINANCE [SOLUSDT] was liquidated at price 101.6; liquidation amount: $99.95W
BINANCE a SOLUSDT long position liquidation occurred.
The listed liquidation price was 101.6.
The listed liquidation amount was $99.95W.
The following is analysis, separate from reported facts. Verify important claims independently.
This means that some traders holding SOLUSDT long positions were forcibly liquidated when the price was 101.6.BIBIBI_NUM
The liquidation amount and specific price can help assess leverage-position pressure for this trading pair, but this information alone cannot indicate the subsequent price direction.
Beginners can understand “long position liquidation” as the forced liquidation of a bullish position triggered by a price movement.
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View glossary →A risk-management mechanism in which a leveraged position is forcibly closed by the system after moving adversely beyond a specified threshold.
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