Article
🔔 [Long Liquidation] GATE [SOL_USDT] experienced a liquidation at a price of 115.3, with a liquidation amount of $29.97W
Approximately $299,700 in GATE SOL_USDT long liquidations occurred at $115.3
GATE's SOL_USDT experienced a long liquidation at a price of 115.3, with the amount stated as $29.97W.
Key points
The source states that the event was a “long liquidation.”
The source involves the platform GATE and the trading pair SOL_USDT.
The price at the time of the liquidation was 115.3.
The liquidation amount is stated as $29.97W.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information means that when the SOL_USDT price reached 115.3, a long position on GATE was forcibly liquidated. The source states the liquidation amount as $29.97W.
Why it matters to readers
Liquidation information can be used to observe leverage-position risk in the market, but this content reports only a single event.
Beginners should note that when using leverage to take a long position, a market move that triggers forced liquidation may result in losses.
Risks and unknowns
- The source does not explain the specific meaning of the amount unit “W.”
- The source provides no additional information that would independently verify the liquidation event.
- The source does not specify the account, leverage multiple, or reason for the liquidation.
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