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🔔 [Long liquidation] OKX [INTC-USDT-SWAP] was liquidated at price 58.69; liquidation amount: $15.85W
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The alert states that a long position liquidation occurred for OKX's INTC-USDT-SWAP at a price of 58.69, with an amount of $15.85W.
🔔 [Long liquidation] OKX [INTC-USDT-SWAP] was liquidated at price 58.69; liquidation amount: $15.85W
The source labels the event as a long liquidation.
The platform involved is OKX, and the contract is INTC-USDT-SWAP.
The source gives the liquidation price as 58.69.
The source gives the liquidation amount as $15.85W.
The following is analysis, separate from reported facts. Verify important claims independently.
Long liquidation means a long position is forcibly closed. This alert reports the platform, contract, price, and amount where the liquidation occurred, but does not provide further trading details.
This type of information can be used to observe whether the contract is subject to centralized clearing; based on this alert alone, it is not possible to confirm its impact on subsequent prices.
Beginners should treat it as a single settlement reminder and should not rely solely on this information to determine whether the price will rise or fall next.
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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.
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