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🔔 [Long liquidation] OKX [SOXL-USDT-SWAP] was liquidated at price 94.04; liquidation amount: $28.21W
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The report states that OKX's SOXL-USDT-SWAP had a long liquidation at a price of 94.04, with an amount of 282100 USD.
🔔 [Long liquidation] OKX [SOXL-USDT-SWAP] was liquidated at price 94.04; liquidation amount: $28.21W
OKX A SOXL-USDT-SWAP long liquidation alert occurred.
The alert price was 94.04。
The liquidation amount was $28.21W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” refers to a bullish position being forcibly closed due to price movements.
This indicates that a relatively large long position liquidation was recorded for the contract.
Beginners can understand this as a bullish position being forcibly closed by the system, but the subsequent price direction cannot be determined from this alone.
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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.
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