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🔔 【Short Liquidation】BINANCE 【CLUSDT】was liquidated at a price of 92.43. Liquidation amount: $171,800
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A BINANCE CLUSDT short position was liquidated at 92.43 for $171,800.
🔔 【Short Liquidation】BINANCE 【CLUSDT】was liquidated at a price of 92.43. Liquidation amount: $171,800
A short liquidation of CLUSDT occurred on BINANCE.
The liquidation price was 92.43.
The liquidation amount was $171,800.
The following is analysis, separate from reported facts. Verify important claims independently.
A short liquidation occurs when a position betting on a price decline is forcibly closed because of price movements.
This indicates that a relatively large CLUSDT short position was forcibly liquidated at that time.
It demonstrates that leveraged trading can trigger forced liquidation when prices move.
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This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →A risk-management mechanism whereby the system forcibly closes a leveraged position after it moves unfavorably and breaches a specified threshold.
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