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🔔 [Long liquidation] BINANCE [SNDKUSDT] was liquidated at price 1338; liquidation amount: $18.24W
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Binance of SNDKUSDT was reported at 1338 price to have incurred 182400 USD long liquidations.
🔔 [Long liquidation] BINANCE [SNDKUSDT] was liquidated at price 1338; liquidation amount: $18.24W
The message states that BINANCE of SNDKUSDT at a price of 1338, long positions were liquidated.
The message states that the liquidation amount was $18.24W。
The information source is a Telegram channel link.
The following is analysis, separate from reported facts. Verify important claims independently.
This is a liquidation alert: the message states that SNDKUSDT’s long positions were forcibly closed at a price of 1338.
It indicates that the trading pair experienced a reported leveraged-position liquidation event near the 1338 price.
Beginners can understand this as follows: some bullish positions were forcibly closed by the system due to liquidation.
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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.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
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