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🔔 [Short liquidation] BINANCE [ZECUSDT] was liquidated at price 1325; liquidation amount: $17.23W
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The alert said that Binance's ZECUSDT at 1325 the price, approximately 172300 USD short liquidations occurred.
🔔 [Short liquidation] BINANCE [ZECUSDT] was liquidated at price 1325; liquidation amount: $17.23W
The alert stated that BINANCE of ZECUSDT experienced short liquidations.
The liquidation price was 1325.
The liquidation amount was $17.23W.
The following is analysis, separate from reported facts. Verify important claims independently.
A short liquidation refers to a position betting on a price decline being forcibly closed. The alert involved ZECUSDT, but a single piece of information is insufficient to determine subsequent price movements.
This information indicates that a short liquidation recorded in the alert occurred for the contract, and may serve as a clue for observing the price and subsequent liquidation activity.
Beginners can first understand this as: a bearish position is forcibly closed by the system when price changes meet certain conditions.
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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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