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🔔 [Long liquidation] BINANCE [ETHUSDT] was liquidated at price 2191; liquidation amount: $1.04M
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The report states that Binance's ETHUSDT had a long liquidation at a price of 2191, with an amount of 1040000 USD.
🔔 [Long liquidation] BINANCE [ETHUSDT] was liquidated at price 2191; liquidation amount: $1.04M
The original text states that long liquidations occurred on BINANCE for ETHUSDT at a price of 2191.
The original text states that the liquidation amount was $1.04M.
The following is analysis, separate from reported facts. Verify important claims independently.
"Long liquidation" refers to positions betting on price increases being forcibly closed; this information states the relevant amount as 1040000 USD.
This indicates that a large ETHUSDT long liquidation record occurred near this price.
Liquidation indicates that leveraged positions are forcibly closed, which may serve as a reminder that the market carries relatively high leverage risk.
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View glossary →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.
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