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🔔 [Long Liquidation] OKX [SNDK-USDT-SWAP] experienced a liquidation at a price of 1739, with a liquidation amount of $304,300
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A long liquidation of $304,300 occurred on OKX's SNDK-USDT-SWAP at a price of 1739.
🔔 [Long Liquidation] OKX [SNDK-USDT-SWAP] experienced a liquidation at a price of 1739, with a liquidation amount of $304,300
The original text states that a "long liquidation" occurred.
The exchange is OKX.
The contract is SNDK-USDT-SWAP.
The price given in the original text is 1739.
The liquidation amount given in the original text is $304,300.
The following is analysis, separate from reported facts. Verify important claims independently.
This is a liquidation monitoring notice, indicating that long positions on the contract were forcibly liquidated. The information comes from the provided Telegram channel and has not undergone independent data verification.
This indicates that a relatively large-scale long forced liquidation event occurred on SNDK-USDT-SWAP; it is worth monitoring whether further liquidations in the same direction occur and how the price changes.
A long liquidation is the forced closure of a bullish position; the liquidation amount reflects the scale of the position closed in that event.
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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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