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🔔 [Long liquidation] BINANCE [ZECUSDT] was liquidated at price 1526; liquidation amount: $17.49W
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A monitoring message stated that Binance had ZECUSDT at 1526 experienced 174900 USD in long liquidations.
🔔 [Long liquidation] BINANCE [ZECUSDT] was liquidated at price 1526; liquidation amount: $17.49W
The message stated that the exchange was BINANCE。
The message stated that the trading pair was ZECUSDT。
The message stated that the liquidation price was 1526。
The message stated that the liquidation amount was$17.49W。
The message marked the event as a long liquidation.
The following is analysis, separate from reported facts. Verify important claims independently.
This is a liquidation monitoring message reporting that a trader holding a long position was forcibly liquidated at the specified price.
It indicated that ZECUSDT related derivatives market had a reported long liquidation record.
Liquidation occurs when a trader cannot meet margin requirements and the position is forcibly closed.
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This term is not in the glossary yet. Browse related concepts in the glossary.
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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