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🔔 [Long liquidation] BINANCE [DOGEUSDT] was liquidated at price 0.0770; liquidation amount: $20.01W
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Monitoring data indicates that BINANCE of DOGEUSDT at 0.0770 price experienced a long position liquidation, amounting to$20.01W。
🔔 [Long liquidation] BINANCE [DOGEUSDT] was liquidated at price 0.0770; liquidation amount: $20.01W
Information states that BINANCE's DOGEUSDT experienced a long liquidation.
Information states that the liquidation price was 0.0770。
Information states that the liquidation amount was $20.01W。
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” generally refers to the forced closure of leveraged positions betting on price increases due to price changes.
This indicates that the relevant leveraged position was liquidated, but a single piece of information is insufficient to determine DOGEUSDT the subsequent trend.
Beginners should note that leveraged trading may trigger forced liquidation and cause losses during price fluctuations.
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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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