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🔔 [Short liquidation] OKX [SPCX-USDT-SWAP] was liquidated at price 151.0; liquidation amount: $15.10W
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The report states that OKX's SPCX-USDT-SWAP had a short liquidation at a price of 151.0, with an amount of 151000 USD.
🔔 [Short liquidation] OKX [SPCX-USDT-SWAP] was liquidated at price 151.0; liquidation amount: $15.10W
The message claims OKX of SPCX-USDT-SWAP experienced short-position liquidations.
The liquidation price was 151.0.
The liquidation amount was $15.10W.
The following is analysis, separate from reported facts. Verify important claims independently.
This is a liquidation alert, indicating that the short position referred to in the message was forcibly closed when the price reached 151.0. The evidence does not indicate any further market impact.
The liquidation amount and contract information may help readers monitor SPCX-USDT-SWAP’s related price fluctuations.
Beginners can understand “short-position liquidation” as a position betting on a price decline being forcibly closed.
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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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