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🔔 [Long liquidation] BINANCE [ZECUSDT] was liquidated at price 1158; liquidation amount: $17.37W
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The report states that BINANCE's ZECUSDT had a long liquidation at a price of 1158, with an amount of 173700 USD.
🔔 [Long liquidation] BINANCE [ZECUSDT] was liquidated at price 1158; liquidation amount: $17.37W
BINANCE There were ZECUSDT in long liquidations.
The listed liquidation price was 1158.
The listed liquidation amount was $17.37W.
The following is analysis, separate from reported facts. Verify important claims independently.
This message states that ZECUSDT a long position held by __ was liquidated when the price reached 1158, meaning that the position was forcibly closed.
The liquidation amount and trading price can help readers understand the scale and occurrence point of this market event, but a single message cannot indicate the overall market trend.
Beginners can understand “long liquidation” as a bullish position failing to be maintained and being forcibly closed by the system.
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This term is not in the glossary yet. Browse related concepts in the glossary.
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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