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🔔 [Long liquidation] BINANCE [1000PEPEUSDT] was liquidated at price 0.00466; liquidation amount: $20.36W
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The channel stated that,Binance's 1000PEPEUSDT at 0.00466 price triggered a long liquidation amounting to$20.36W。
🔔 [Long liquidation] BINANCE [1000PEPEUSDT] was liquidated at price 0.00466; liquidation amount: $20.36W
The event involved Binance。
Trading pair involved 1000PEPEUSDT。
The text described the event as “long liquidation.”
The liquidation price was 0.00466.
The liquidation amount was $20.36W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” generally refers to a position betting on rising prices being forcibly closed due to insufficient margin; this entry reports only one event.
This provides traders with a liquidation record specifying a trading pair, price, and amount, but a single record cannot indicate the overall market trend.
Beginners can understand this as a market record of a bullish position being forcibly closed by the system; it 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 →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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