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🔔 [Long liquidation] GATE [WLD_USDT] was liquidated at price 0.481; liquidation amount: $20.54W
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GATE's WLD_USDT at 0.481 a price, 205400 USD long liquidations occurred.
🔔 [Long liquidation] GATE [WLD_USDT] was liquidated at price 0.481; liquidation amount: $20.54W
GATE's WLD_USDT at a price of 0.481 long liquidations occurred.
The liquidation amount was $20.54W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidations” means that leveraged positions in the bullish direction were forcibly closed; this information describes a single event involving a specific exchange and trading pair.
It indicates that the relevant leveraged positions were under significant pressure at the time, but a single piece of information is insufficient to determine WLD subsequent market movements.
Beginners should note that the liquidation amount is not equivalent to the amount of ordinary spot trading and cannot, by itself, serve as a basis for buying or selling.
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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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