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🔔 [Short liquidation] OKX [MU-USDT-SWAP] was liquidated at price 892.3; liquidation amount: $38.37W
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The report states that OKX's MU-USDT-SWAP had a short liquidation at a price of 892.3, with an amount of 383700 USD.
🔔 [Short liquidation] OKX [MU-USDT-SWAP] was liquidated at price 892.3; liquidation amount: $38.37W
The source text states that OKX of MU-USDT-SWAP at the price 892.3 a short liquidation occurred.
The source text states that the liquidation amount was $38.37W。
The following is analysis, separate from reported facts. Verify important claims independently.
A short liquidation refers to a position betting on a price decline being forcibly closed. This alert only indicates that a single liquidation event occurred.
Liquidation information can help observe forced closures in the derivatives market, but a single event does not necessarily indicate that a trend will continue.
Beginners can understand this as a derivatives liquidation alert and should not use it alone to determine whether to buy or sell.
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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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