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🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1336; liquidation amount: $18.02W
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OKX of SNDK-USDT-SWAP at a price of 1336 a long liquidation occurred, amounting to$18.02W。
🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1336; liquidation amount: $18.02W
The event involved OKX of SNDK-USDT-SWAP。
The original text described this as a “long liquidation.”
The source states that the liquidation price was 1336.
The source lists the liquidation amount as $18.02W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” refers to positions betting on price increases being forcibly closed. The alert states that SNDK-USDT-SWAP at a price of 1336, this type of event occurred.
The forced liquidation of long positions may reflect short-term downward pressure, but the overall trend cannot be determined from this alert alone.
Beginners should first understand that this is a single liquidation alert and should not determine trading direction based solely on this information.
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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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