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🔔 [Long liquidation] BINANCE [SOXLUSDT] was liquidated at price 148.6; liquidation amount: $18.16W
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The report states that BINANCE's SOXLUSDT had a long liquidation at a price of 148.6, with an amount of 181600 USD.
🔔 [Long liquidation] BINANCE [SOXLUSDT] was liquidated at price 148.6; liquidation amount: $18.16W
BINANCE experienced SOXLUSDT a long liquidation event.
The listed liquidation price was 148.6.
The liquidation amount was listed as $18.16W。
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” means that a position in the bullish direction was forcibly closed; this message also provides the exchange, contract name, price, and amount.
It provides SOXLUSDT price and amount information for a liquidation event, which can serve as a lead for subsequent verification of market changes.
Beginners can initially understand this as: a position betting on a price increase is forcibly liquidated at the relevant price.
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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.
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