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🔔 [Long liquidation] BINANCE [SNXXUSDT] was liquidated at price 15.76; liquidation amount: $19.16W
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The information states that BINANCE's SNXXUSDT at 15.76 at the price of, a 191600 USD long liquidation occurred.
🔔 [Long liquidation] BINANCE [SNXXUSDT] was liquidated at price 15.76; liquidation amount: $19.16W
BINANCE was mentioned.
SNXXUSDT was mentioned.
The information states that the price was 15.76。
The information states that the liquidation amount was$19.16W。
The information states that this was a long liquidation.
The following is analysis, separate from reported facts. Verify important claims independently.
A “long liquidation” means that a bullish position was forcibly closed; the information states that the related event occurred at a price of 15.76 and the amount was$19.16W。
It indicates that SNXXUSDT the related position was forcibly closed, but the scope of the impact cannot be determined from this information alone.
Liquidation may cause position holders to lose margin; beginners should first verify the information source and amount before assessing the market impact.
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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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