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🔔 [Long liquidation] OKX [ZEC-USDT-SWAP] was liquidated at price 1175; liquidation amount: $17.63W
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Monitoring messages stated that OKX’s ZEC-USDT-SWAP when the price was 1175 long liquidations occurred, with the amount marked as$17.63W。
🔔 [Long liquidation] OKX [ZEC-USDT-SWAP] was liquidated at price 1175; liquidation amount: $17.63W
The message labels the event as “long liquidation.”
The platform involved was OKX。
The contract involved was ZEC-USDT-SWAP。
The price listed in the report was 1175。
The liquidation amount listed in the report was $17.63W。
The following is analysis, separate from reported facts. Verify important claims independently.
This is a futures liquidation alert. “Long liquidation” means that long positions were forcibly closed; the original text provided the platform, contract, price, and amount markers, but no further trading details.
This report can be used to observe the short-term leverage risk of ZEC-USDT-SWAP; however, a single liquidation alert is insufficient to determine the subsequent price direction or the overall market trend.
Beginners should treat it as a risk warning, not a buy or sell signal; in particular, note that leveraged trading may trigger forced liquidation.
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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.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
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