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🔔 [Short liquidation] OKX [HYPE-USDT-SWAP] was liquidated at price 93.25; liquidation amount: $15.79W
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The monitoring message stated that OKX’s HYPE-USDT-SWAP experienced a short liquidation at a price of 93.25.
🔔 [Short liquidation] OKX [HYPE-USDT-SWAP] was liquidated at price 93.25; liquidation amount: $15.79W
The source labels the event as a short liquidation.
The platform involved is OKX。
The contract involved was HYPE-USDT-SWAP。
The price listed in the original text was 93.25。
The source lists the liquidation amount as $15.79W.
The following is analysis, separate from reported facts. Verify important claims independently.
A short liquidation refers to a short position being forcibly closed due to an adverse price movement. This message reports the specific platform, contract, price, and amount, but the meaning of the unit in “$15.79W” cannot be determined from the original text alone.
This can serve as a record for observing HYPE-USDT-SWAP volatility and forced liquidations in the contract market, but the original text does not explain its impact on subsequent prices.
Beginners can understand this as a notice that a short trade was forcibly closed by the system; the subsequent price direction should not be inferred from this single 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.
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 →