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🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1347; liquidation amount: $21.45W
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The report states that OKX's SNDK-USDT-SWAP had a long liquidation at a price of 1347, with an amount of 214500 USD.
🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1347; liquidation amount: $21.45W
OKX experienced SNDK-USDT-SWAP a long-position liquidation.
The liquidation price was 1347.
The liquidation amount was $21.45W.
The following is analysis, separate from reported facts. Verify important claims independently.
Liquidation refers to a position being forcibly closed due to insufficient margin or other reasons; this message records an event in which a long position was forcibly closed.
This message can be used to observe liquidation activity in SNDK-USDT-SWAP contracts, but its broader market impact cannot be determined from this message alone.
Beginners should first focus on the contract name, liquidation direction, price, and amount, and should not judge market trends based solely on a single liquidation message.
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This term is not in the glossary yet. Browse related concepts in the glossary.
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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