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🔔 [Long liquidation] BYBIT [1000PEPEUSDT] was liquidated at price 0.00494; liquidation amount: $19.78W
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The Telegram channel stated that Bybit's 1000PEPEUSDT experienced 0.00494 approximately 197800 USD in long-position liquidations.
🔔 [Long liquidation] BYBIT [1000PEPEUSDT] was liquidated at price 0.00494; liquidation amount: $19.78W
Both the evidence title and body state that a “long-position liquidation” occurred.
The exchange was BYBIT, and the contract was 1000PEPEUSDT。
The price was 0.00494。
The liquidation amount was listed as$19.78W。
The source link points to a Telegram channel.
The following is analysis, separate from reported facts. Verify important claims independently.
This is liquidation-monitoring information from a Telegram channel, stating that a 1000PEPEUSDT long position was forcibly closed at a specified price. This excerpt alone cannot confirm whether the record is genuine.
A long-position liquidation means that the relevant position was forcibly closed, but this single record is insufficient to determine the overall market trend or subsequent price direction.
A “long-position liquidation” refers to the system forcibly closing a position that bets on a price increase due to insufficient margin; “W” denotes thousand in the original amount notation.
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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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