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🔔 【Long Liquidation】BYBIT 【1000PEPEUSDT】 was liquidated at a price of 0.00386, with a liquidation amount of $16.91W
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BYBIT's 1000PEPEUSDT long position was liquidated at 0.00386, with an amount of 169100 USD.
🔔 【Long Liquidation】BYBIT 【1000PEPEUSDT】 was liquidated at a price of 0.00386, with a liquidation amount of $16.91W
BYBIT's 1000PEPEUSDT experienced long liquidations.
The liquidation price was 0.00386.
The liquidation amount was $16.91W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long-position liquidation” means that a position betting on a price increase was forcibly liquidated; the source does not specify the specific account or subsequent impact.
This indicates that a long position in the trading pair was forcibly liquidated at the relevant price.
A beginner can understand it as: someone bet that 1000PEPEUSDT would rise, but the position was forcibly liquidated when a risk threshold was triggered.
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View glossary →The process by which a leveraged position is forcibly closed due to insufficient margin requirements or other reasons.
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