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🔔 [Short liquidation] OKX [SOL-USDT-SWAP] was liquidated at price 118.9; liquidation amount: $27.60W
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Records state that,OKX of SOL-USDT-SWAP at 118.9 price saw 276000 USD in short liquidations.
🔔 [Short liquidation] OKX [SOL-USDT-SWAP] was liquidated at price 118.9; liquidation amount: $27.60W
The record states that OKX’s SOL-USDT-SWAP short liquidations occurred.
The price recorded was 118.9。
The liquidation amount recorded was $27.60W。
The following is analysis, separate from reported facts. Verify important claims independently.
Short liquidation generally refers to positions betting on a price decline being forcibly closed due to insufficient margin. This record only indicates one related liquidation event.
Liquidation records can serve as clues for observing changes in leveraged market positions, but a single record cannot indicate the subsequent price direction.
Beginners can first focus on the exchange, contract name, trigger price, and amount, while noting that this is only a single record.
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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.
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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