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🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1762; liquidation amount: $17.06W
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According to reports,OKX's SNDK-USDT-SWAP at a price of 1762 experienced a$17.06W long liquidation.
🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1762; liquidation amount: $17.06W
The source labels the event as a long liquidation.
The original text mentioned the trading platform OKX and the contract SNDK-USDT-SWAP。
The source gives the liquidation price as 1762.
The source gives the liquidation amount as $17.06W.
The following is analysis, separate from reported facts. Verify important claims independently.
A long liquidation refers to a leveraged position in the bullish direction being forcibly closed. This message reports a related event but provides no trade details or other verification materials.
Liquidation records can be used to observe changes in leveraged positions, but this single record is insufficient to confirm the price trend or overall market conditions.
Beginners should treat this as an unverified risk alert and should not judge price movements or trade solely on the basis of this message.
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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.
View glossary →A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
View glossary →