Article
🔔 [Short liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1373; liquidation amount: $18.34W
Loading…
The report states that OKX's SNDK-USDT-SWAP had a short liquidation at a price of 1373, with an amount of 183400 USD.
🔔 [Short liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1373; liquidation amount: $18.34W
The event involved OKX’s SNDK-USDT-SWAP contract.
The liquidated position was short.
The liquidation price was 1373.
The liquidation amount was 183400 USD.
The following is analysis, separate from reported facts. Verify important claims independently.
This is a contract liquidation alert: when a short position cannot be maintained, the system may forcibly close it. The message states that this short liquidation occurred at 1373 price, with an amount of 183400 USD。
Liquidation information can help observe liquidation activity for an individual contract, but a single message cannot indicate subsequent price trends.
“Short liquidation” means that a bearish position was forcibly closed; a “perpetual contract” is a contract product with no expiration date.
Loading event timeline…
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 →