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🔔 [Long liquidation] BINANCE [SUIUSDT] was liquidated at price 0.862; liquidation amount: $16.70W
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Telegram stated that Binance of SUIUSDT at 0.862 the price,$16.70W long positions were liquidated.
🔔 [Long liquidation] BINANCE [SUIUSDT] was liquidated at price 0.862; liquidation amount: $16.70W
The message states that the event occurred in BINANCE of SUIUSDT trading pair.
The message states that the liquidation price was 0.862。
The message indicates the liquidation amount was $16.70W。
The source of the message is a Telegram channel link.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” generally refers to the forced closure of a bullish position due to insufficient margin; the message does not provide independently verified data.
This indicates that a long position in the trading pair was forcibly closed at that time, but a single message does not establish an overall market trend.
Beginners can understand this as follows: some bullish positions were forcibly closed, but this does not mean that all positions or prices will continue to decline.
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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.
View glossary →A combination representing the exchange relationship between two assets, in which one asset is denominated in terms of the other.
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