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🔔 [Short liquidation] OKX [DOGE-USDT-SWAP] was liquidated at price 0.0856; liquidation amount: $25.67W
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An alert stated that OKX had DOGE-USDT-SWAP in short liquidations at a price of 0.0856 occurred at that time$25.67W short liquidations.
🔔 [Short liquidation] OKX [DOGE-USDT-SWAP] was liquidated at price 0.0856; liquidation amount: $25.67W
The original text labels the event as a “short liquidation.”
The source text explicitly mentions the trading platform OKX and the contract DOGE-USDT-SWAP。
The liquidation price given in the source text was 0.0856。
The source gives the liquidation amount as $25.67W.
The following is analysis, separate from reported facts. Verify important claims independently.
A short-position liquidation means that a position in a short contract was forcibly closed due to an adverse price change. This information describes a liquidation event involving OKX DOGE-USDT-SWAP but does not provide market data, trade data, or verifiable records.
Contract liquidations may reflect relatively significant price volatility or position pressure at a given point in time; however, this single alert alone cannot determine DOGE the subsequent price direction or market trend.
Beginners can understand it as a short DOGE contract position being forcibly closed. Do not judge price movements or trade solely on the basis of a single liquidation alert.
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This term is not in the glossary yet. Browse related concepts in the glossary.
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 →A risk-management mechanism in which a leveraged position is forcibly closed by the system after moving adversely beyond a specified threshold.
View glossary →