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🔔 [Short liquidation] OKX [PUMP-USDT-SWAP] was liquidated at price 0.00598; liquidation amount: $16.95W
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The evidence states that OKX of PUMP-USDT-SWAP at 0.00598 the price, approximately 16.95W USD short liquidations occurred.
🔔 [Short liquidation] OKX [PUMP-USDT-SWAP] was liquidated at price 0.00598; liquidation amount: $16.95W
The event involved OKX。
The event involved PUMP-USDT-SWAP。
The evidence text states that the liquidation price was 0.00598。
The evidence text states that the liquidation amount was$16.95W。
The evidence text labels the event as “short liquidations.”
The following is analysis, separate from reported facts. Verify important claims independently.
“Short liquidation” generally refers to a position betting on a price decline being forcibly closed due to insufficient margin. The evidence here reports only one related record.
A single liquidation record can be used to observe immediate volatility in the derivatives market, but this information alone cannot determine PUMP the subsequent trend, nor can it determine OKX operational anomalies.
Beginners should treat this type of information as a single market signal and avoid trading solely on the basis of one liquidation record.
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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.
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