Article
🔔 [Long liquidation] BINANCE [DOGEUSDT] was liquidated at price 0.0829; liquidation amount: $67.46W
Loading…
The report states that Binance's DOGEUSDT had a long liquidation at a price of 0.0829, with an amount of 674600 USD.
🔔 [Long liquidation] BINANCE [DOGEUSDT] was liquidated at price 0.0829; liquidation amount: $67.46W
BINANCE’s DOGEUSDT experienced long liquidations.
The listed liquidation price was 0.0829.
The listed liquidation amount was $67.46W.
The following is analysis, separate from reported facts. Verify important claims independently.
Long liquidations indicate that leveraged positions betting on an upward price movement were forcibly closed; this information reports only the event itself.
It indicates that DOGEUSDT related leveraged positions experienced large-scale forced liquidation, but a single item of information cannot indicate the subsequent price direction.
Beginners can understand it as follows: some leveraged traders betting on a price increase were forced to close their positions.
Loading event timeline…
This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →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 →