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🔔 [Long liquidation] BINANCE [AVAXUSDT] was liquidated at price 9.43; liquidation amount: $35.85W
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An alert stated that BINANCE's AVAXUSDT at 9.43 the price saw 35.85W in long liquidations.
🔔 [Long liquidation] BINANCE [AVAXUSDT] was liquidated at price 9.43; liquidation amount: $35.85W
The alert stated that the event occurred at BINANCE。
The trading pair is AVAXUSDT。
The price is 9.43。
The liquidation type is long-position liquidation.
The liquidation amount was $35.85W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long-position liquidation” means that positions held in the bullish direction were forcibly liquidated; this information only clearly provides the exchange, trading pair, price, and amount.
A large liquidation alert may indicate a forced-liquidation event in the relevant derivatives market, but this information alone cannot determine the subsequent price direction.
Beginners should note that liquidation means a position was forcibly closed; it does not mean that the price will necessarily continue to rise or fall.
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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 combination representing the exchange relationship between two assets, in which one asset is denominated in terms of the other.
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