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🔔 [Long liquidation] BINANCE [SUIUSDT] was liquidated at price 0.800; liquidation amount: $15.48W
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The report states that Binance's SUIUSDT had a long liquidation at a price of 0.800, with an amount of 154800 USD.
🔔 [Long liquidation] BINANCE [SUIUSDT] was liquidated at price 0.800; liquidation amount: $15.48W
The monitoring channel said the incident occurred on BINANCE.
The trading pair is SUIUSDT.
The liquidation type is long liquidation.
The price is 0.800.
The liquidation amount was $15.48W.
The following is analysis, separate from reported facts. Verify important claims independently.
Long liquidation usually refers to leveraged positions in the bullish direction being forcibly closed; this message only clearly records the exchange, trading pair, price, and amount.
This indicates that leveraged long positions in SUIUSDT were forcibly liquidated at this price.
Beginners can understand it as: some leveraged positions betting on a price increase were forcibly closed by the system.
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This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →A trading method that uses borrowed funds to establish a position larger than the trader’s own capital, thereby amplifying both potential gains and losses.
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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