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🔔 [Long liquidation] BINANCE [PENGUUSDT] was liquidated at price 0.00761; liquidation amount: $45.69W
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The Telegram alert states that Binance’s PENGUUSDT at 0.00761 the price experienced 456900 USD in long liquidations.
🔔 [Long liquidation] BINANCE [PENGUUSDT] was liquidated at price 0.00761; liquidation amount: $45.69W
The alert states that the exchange was BINANCE。
The alert states that the trading pair was PENGUUSDT。
The alert states that the liquidation price was 0.00761。
The alert states that the liquidation amount was$45.69W。
The alert classified the event as a long liquidation.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” generally refers to a leveraged position in the bullish direction being forcibly closed due to price movements. This information comes from a Telegram alert.
A large leveraged position was closed, which may indicate substantial short-term volatility in the relevant trading pair, but this alert alone cannot determine the subsequent trend.
Beginners should understand that leveraged trading may automatically close positions during price volatility and result in a loss of principal.
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This term is not in the glossary yet. Browse related concepts in the glossary.
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.
View glossary →