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🔔 [Long liquidation] BINANCE [SOLUSD_PERP] was liquidated at price 89.70; liquidation amount: $36.64W
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Liquidation alert: A long position liquidation occurred on BINANCE's SOLUSD_PERP at the price of 89.70, with an amount of $36.64W.
🔔 [Long liquidation] BINANCE [SOLUSD_PERP] was liquidated at price 89.70; liquidation amount: $36.64W
The original text marks the event as a "long liquidation."
The original text explicitly mentions BINANCE and SOLUSD_PERP.
The source gives the liquidation price as 89.70.
The source gives the liquidation amount as $36.64W.
The following is analysis, separate from reported facts. Verify important claims independently.
A long position liquidation means a long position is forcibly closed due to adverse price movements. This reminder reports the trading platform, contract, price, and amount, but does not provide further verification materials.
Liquidation information can be used to observe whether concentrated liquidations are occurring in the futures market, but this alert alone cannot confirm its impact on subsequent prices or the overall market.
Beginners should treat it as a contract risk warning and should not judge the price direction based solely on 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 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 →