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🔔 [Long liquidation] BINANCE [ETHUSDT] was liquidated at price 2532; liquidation amount: $2.95M
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The report states that BINANCE's ETHUSDT had a long liquidation at a price of 2532, with an amount of 2950000 USD.
🔔 [Long liquidation] BINANCE [ETHUSDT] was liquidated at price 2532; liquidation amount: $2.95M
BINANCE of ETHUSDT experienced long-position liquidations
The liquidation price was 2532
The liquidation amount was$2. 95M
The following is analysis, separate from reported facts. Verify important claims independently.
This information states that ETHUSDT one long position of was liquidated at a price of 2532 was liquidated, with an amount of$2.95M。
It indicates that ETHUSDT a large-scale long-position liquidation event occurred.
Beginners may understand it as follows: a position betting on prices rising was forcibly closed because of price movements.
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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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