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🔔 [Long liquidation] BINANCE [SOXLUSDT] was liquidated at price 88.95; liquidation amount: $19.13W
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An alert stated that BINANCE's SOXLUSDT at a price of 88.95 experienced a long liquidation, with the amount listed as$19.13W。
🔔 [Long liquidation] BINANCE [SOXLUSDT] was liquidated at price 88.95; liquidation amount: $19.13W
The source labels the event as a long liquidation.
The platform in the original text is BINANCE。
The trading identifier in the original text is SOXLUSDT。
The source states that the liquidation price was 88.95.
The source marks the liquidation amount as $19.13W.
The following is analysis, separate from reported facts. Verify important claims independently.
A “long liquidation” generally means that a long position was forcibly closed. This information reports the platform, trading identifier, price and amount at the time of the trigger, but provides no transaction records or other verification materials.
Such information can be used to observe liquidations related to a trade, but a single alert is insufficient to confirm the overall market trend.
Beginners should treat this as an unverified risk alert and should not rely solely on it to judge subsequent price movements or make trades.
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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.
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