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🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1342; liquidation amount: $23.49W
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Monitoring reports that OKX's SNDK-USDT-SWAP experienced 1342 in long liquidations at a price of$23.49W.
🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1342; liquidation amount: $23.49W
The original text states that the event occurred at OKX。
The original text involves SNDK-USDT-SWAP。
The original text states that the price at liquidation was 1342。
The source lists the liquidation amount as $23.49W.
The original text labels this event as a “long liquidation.”
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” generally means that long positions were forcibly closed; however, the original text provides only a liquidation alert and does not provide trade records, position details, or the price unit.
This information indicates that the contract experienced a long liquidation event. It may be used to monitor short-term trading risk, but this single alert alone cannot determine subsequent price movements.
Beginners should note that leveraged trading may trigger forced liquidation; this alert itself does not constitute a basis for buying or selling.
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This term is not in the glossary yet. Browse related concepts in the glossary.
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 →A trading method that uses borrowed funds to establish a position larger than the trader’s own capital, thereby amplifying both potential gains and losses.
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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