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🔔 [Long liquidation] BINANCE [PUMPUSDT] was liquidated at price 0.00382; liquidation amount: $17.19W
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The report states that BINANCE's PUMPUSDT had a long liquidation at a price of 0.00382, with an amount of 171900 USD.
🔔 [Long liquidation] BINANCE [PUMPUSDT] was liquidated at price 0.00382; liquidation amount: $17.19W
BINANCE There was a PUMPUSDT long liquidation event.
The liquidation price was 0.00382.
The liquidation amount was $17.19W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” usually refers to the forced closure of a bullish leveraged position due to insufficient margin; this item only reports that event.
Liquidation information can help assess leverage risk for a specific trading pair, but a single report cannot determine the subsequent price direction.
Beginners can understand this as follows: some bullish leveraged positions were forcibly closed by the system, but this does not mean that the price will necessarily continue to fall.
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This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →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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