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🔔 [Long liquidation] OKX [SOL-USD-SWAP] was liquidated at price 106.5; liquidation amount: $25.00W
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OKX had SOL-USD-SWAP a long liquidation alert at a price of 106.5.
🔔 [Long liquidation] OKX [SOL-USD-SWAP] was liquidated at price 106.5; liquidation amount: $25.00W
The evidence text states that OKX had SOL-USD-SWAP long liquidations.
The price given in the evidence text is 106.5。
The liquidation amount given in the evidence text is $25.00W。
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” means that a position betting on a rise was forcibly closed; this information also lists the trading platform, trading pair, price, and amount.
It indicated that SOL-USD-SWAP at 106.5 a long position liquidation event occurred near the price.
Beginners can understand it as follows: some positions betting on a rise failed to remain open, and the system forcibly closed them.
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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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