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🔔 [Long liquidation] OKX [SOL-USDT-SWAP] was liquidated at price 100.7; liquidation amount: $22.16W
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OKX's SOL-USDT-SWAP at 100.7 price saw reports of 221600 USD in long-position liquidations.
🔔 [Long liquidation] OKX [SOL-USDT-SWAP] was liquidated at price 100.7; liquidation amount: $22.16W
The evidence title states that this was a “long liquidation.”
The trading platform involved was OKX。
The trading pair involved was SOL-USDT-SWAP。
The liquidation price was 100.7.
The liquidation amount was $22.16W.
The following is analysis, separate from reported facts. Verify important claims independently.
This is a report concerning SOL-USDT-SWAP contract long positions being forcibly liquidated. Long liquidations usually indicate that the relevant positions failed to maintain margin requirements, but this information alone cannot determine the overall market trend.
It provides a specific contract, price, and liquidation amount, which can serve as a single data point for observing SOL contract market risk.
Liquidation is when a trading platform forcibly closes a losing position; a long liquidation means that a position betting on a price increase was closed.
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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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