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🔔 [Long Liquidation] BINANCE [ZHIPUUSDT] liquidation occurred at a price of 84.96, liquidation amount: $25.01W
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A ZHIPUUSDT long position on Binance was liquidated at a price of 84.96, with an amount of $25.01W.
🔔 [Long Liquidation] BINANCE [ZHIPUUSDT] liquidation occurred at a price of 84.96, liquidation amount: $25.01W
A ZHIPUUSDT long liquidation occurred on BINANCE.
The liquidation price was 84.96.
The liquidation amount was $25.01W.
The following is analysis, separate from reported facts. Verify important claims independently.
A 'long liquidation' means a position betting on price increases was forcibly closed; the original report noted this event but did not specify the account or subsequent impact.
This indicates that a long position on this trading pair was forcibly closed.
Beginners can understand this as: someone bet on ZHIPUUSDT rising, but the position was forcibly closed by the system because the price reached the relevant condition.
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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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