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🔔 [Short liquidation] OKX [PEPE-USDT-SWAP] was liquidated at price 0.0000044; liquidation amount: $17.40W
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The text stated that OKX’s PEPE-USDT-SWAP at 0.0000044 short liquidations occurred.
🔔 [Short liquidation] OKX [PEPE-USDT-SWAP] was liquidated at price 0.0000044; liquidation amount: $17.40W
The text labels the event as “short liquidations.”
The platform involved is OKX。
The contract involved was PEPE-USDT-SWAP。
The price given in the text was 0.0000044。
The liquidation amount given in the text was$17.40W。
The following is analysis, separate from reported facts. Verify important claims independently.
This is a market liquidation alert stating that OKX on PEPE-USDT-SWAP experienced short liquidations at the specified price and providing an amount.
It indicates that reported liquidation activity occurred for the contract near that price, but a single message cannot establish the subsequent price direction.
Beginners can understand this as a contract-market liquidation monitoring alert, while noting its source and the basis used for the amount.
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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.
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