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🔔 [Long liquidation] OKX [MU-USDT-SWAP] was liquidated at price 710.8; liquidation amount: $15.46W
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OKX reports that 15.46W long positions were liquidated at the price of 710.8 for MU-USDT-SWAP.
🔔 [Long liquidation] OKX [MU-USDT-SWAP] was liquidated at price 710.8; liquidation amount: $15.46W
Long positions were liquidated on OKX's MU-USDT-SWAP.
The liquidation price was 710.8.
The liquidation amount is marked as $15.46W.
The following is analysis, separate from reported facts. Verify important claims independently.
Long liquidations refer to the passive closing of long positions due to reaching the liquidation threshold. The report stated that a liquidation marked at $15.46W occurred for the relevant contract at a price of 710.8.
Liquidation information can help monitor liquidation events in the contract market, but this evidence only describes a single event.
Beginners can interpret this as a market alert indicating that a leveraged position has been forcibly liquidated; it does not constitute a conclusion about price trends.
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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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