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🔔 [Long liquidation] BINANCE [SOLUSDT] was liquidated at price 85.03; liquidation amount: $91.77W
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The monitoring channel stated that a $91.77W long liquidation occurred on BINANCE's SOLUSDT at the price of 85.03.
🔔 [Long liquidation] BINANCE [SOLUSDT] was liquidated at price 85.03; liquidation amount: $91.77W
A long liquidation occurred on SOLUSDT on BINANCE.
The liquidation price was 85.03.
The liquidation amount was $91.77W.
The following is analysis, separate from reported facts. Verify important claims independently.
A long liquidation usually refers to a leveraged position in the bullish direction being forcibly closed due to price changes; this information item only explicitly reports the event, price, and amount.
Liquidation information can be used to monitor price, volume, and subsequent liquidation changes in SOL-related markets, but this item alone cannot confirm broader market impacts.
Beginners can first understand it as: a leveraged position betting on a price increase was forcibly closed.
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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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