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🔔 [Long liquidation] BINANCE [SPCXUSDT] was liquidated at price 163.6; liquidation amount: $16.99W
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Information indicates that Binance's SPCXUSDT at 163.6 price experienced 169900 USD long liquidations.
🔔 [Long liquidation] BINANCE [SPCXUSDT] was liquidated at price 163.6; liquidation amount: $16.99W
BINANCE of SPCXUSDT experienced a long liquidation.
The listed liquidation price was 163.6.
The listed liquidation amount was $16.99W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” generally refers to the forced closure of leveraged positions betting on price increases; this information specifies only the exchange, trading pair, price, and amount.
It indicates that this trading pair recorded a relatively large forced liquidation; beginners may monitor whether there are subsequent consecutive records for the same trading pair.
This is not an ordinary trade, but the system-forced closure of a leveraged position; a single item of information cannot indicate that the price will necessarily rise or fall afterward.
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View glossary →A risk-management mechanism in which a leveraged position is forcibly closed by the system after moving adversely beyond a specified threshold.
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