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🔔 [Long liquidation] OKX [ETH-USDT-SWAP] was liquidated at price 2681; liquidation amount: $1.34M
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The message says that OKX of ETH-USDT-SWAP the price of 2681 when a 1340000 USD long liquidation occurred.
🔔 [Long liquidation] OKX [ETH-USDT-SWAP] was liquidated at price 2681; liquidation amount: $1.34M
The source states that a long liquidation occurred.
The platform involved was OKX, and the contract was ETH-USDT-SWAP。
The source gives the price as 2681.
The source gives the liquidation amount as $1.34M.
The following is analysis, separate from reported facts. Verify important claims independently.
This is a contract liquidation alert: it claims that ETH-USDT-SWAP’s long position was forcibly closed when the price was 2681, involving an amount of 1340000 USD。
This information can be used to observe whether the ETH contract market experienced a large long liquidation, but this single alert alone cannot confirm broader market trends.
Beginners should understand this as a single-liquidation alert, not as a conclusion that the price will necessarily 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 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 →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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