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🔔 [Short liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1356; liquidation amount: $23.74W
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OKX's SNDK-USDT-SWAP at 1356 price, 237400 USD short liquidations occurred; the information has not been verified.
🔔 [Short liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1356; liquidation amount: $23.74W
The information states that OKX of SNDK-USDT-SWAP short positions were liquidated.
The information states that the liquidation price was 1356。
Information states that the liquidation amount was 237400 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
This means that a position with a bearish direction was forcibly liquidated. This information alone cannot confirm subsequent price movements.
The liquidation of a single short position may indicate that the price reached the liquidation price for the relevant position, but it does not by itself prove that the trend will continue.
Beginners should first distinguish between “a liquidation occurring” and “the market continuing to rise,” and should not trade solely on this basis.
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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.
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