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🔔 [Long liquidation] OKX [SOL-USDT-SWAP] was liquidated at price 102.7; liquidation amount: $21.75W
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OKX of SOL-USDT-SWAP occurred at a price of 102.7 in long liquidations, with an amount of$21.75W。
🔔 [Long liquidation] OKX [SOL-USDT-SWAP] was liquidated at price 102.7; liquidation amount: $21.75W
The event involved the OKX of SOL-USDT-SWAP contract.
The liquidated position was long.
The liquidation price was 102.7.
The liquidation amount was $21.75W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long-position liquidation” refers to leveraged positions in the bullish direction being forcibly closed. This message reports only a single event.
It indicates that, near the 102.7 price, long positions in the contract were liquidated.
Beginners can understand it as follows: some bullish leveraged positions could not be maintained and were forcibly closed by the system.
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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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