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🔔 [Long liquidation] BINANCE [XRPUSDT] was liquidated at price 1.38; liquidation amount: $21.64W
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Binance on XRPUSDT experienced long liquidations at a price of 1.38, amounting to$21.64W。
🔔 [Long liquidation] BINANCE [XRPUSDT] was liquidated at price 1.38; liquidation amount: $21.64W
The source states that the event occurred at BINANCE。
The source states that the trading pair was XRPUSDT。
The source states that the price was 1.38。
The source states that the liquidation direction was long.
The source states that the liquidation amount was $21.64W。
The following is analysis, separate from reported facts. Verify important claims independently.
Liquidation means that the relevant position was forcibly closed; this information states that the XRPUSDT long position of was subject to this at a price of 1.38.
It provides monitoring information such as the exchange, trading pair, price, direction, and amount, which can be used to track similar records that follow.
Beginners can first understand it as follows: a position betting on a price increase was forcibly closed at that price.
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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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