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🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1174; liquidation amount: $20.55W
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According to reports,OKX’s SNDK-USDT-SWAP occurred at a price of 1174 with a$20.55W long liquidation.
🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1174; liquidation amount: $20.55W
The source states that a long liquidation occurred.
Involving OKX of SNDK-USDT-SWAP。
The source gives the liquidation price as 1174.
The source gives the liquidation amount as $20.55W.
The following is analysis, separate from reported facts. Verify important claims independently.
A long liquidation refers to a long position being forcibly liquidated. This message reports a specific contract liquidation record, but the original text does not provide supporting verification materials.
This record may serve as a clue for observing short-term contract volatility and forced liquidations, but this single message alone cannot determine the subsequent price direction.
Beginners should treat it as a risk alert requiring verification and should not make trading decisions based solely on a single liquidation message.
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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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