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🔔 [Long liquidation] BINANCE [DOGEUSDT] was liquidated at price 0.0790; liquidation amount: $29.31W
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Telegram said,Binance of DOGEUSDT at 0.0790 approximately occurred 293100 USD in long liquidations.
🔔 [Long liquidation] BINANCE [DOGEUSDT] was liquidated at price 0.0790; liquidation amount: $29.31W
Binance of DOGEUSDT experienced long liquidations.
The liquidation price was 0.0790.
The liquidation amount was $29.31W.
The information came from a link to a Telegram channel.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” refers to positions betting on price increases being forcibly closed due to insufficient margin. This message describes only a single event.
Liquidation information can help observe forced liquidations in the futures market, but a single message cannot represent the overall price trend.
Beginners may treat this as a risk warning and should not determine their trading direction based solely on this message.
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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.
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