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🔔 [Long liquidation] BINANCE [XAUUSDT] was liquidated at price 4120; liquidation amount: $49.81W
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A Telegram channel stated that,Binance of XAUUSDT at 4120 long liquidations occurred at a price of 498100 USD long liquidations.
🔔 [Long liquidation] BINANCE [XAUUSDT] was liquidated at price 4120; liquidation amount: $49.81W
The original text stated that BINANCE’s XAUUSDT experienced long liquidations at a price of 4120.
The source lists the liquidation amount as $49.81W.
The information source is a Telegram channel, with the link pointing to a message in that channel.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” means that the long positions cited in the original text were forcibly closed; the message reports the relevant trading instrument, price, and amount, but provides no further verification data.
If accurate, the message indicates that XAUUSDT experienced a large-scale long liquidation event.
Beginners can first focus on pieces of information: the trading instrument is XAUUSDT, the price is 4120, and the reported amount is 498100 USD。
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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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