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🔔 [Short liquidation] BINANCE [PENGUUSDT] was liquidated at price 0.00807; liquidation amount: $60.18W
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A Telegram message said that Binance’s PENGUUSDT experienced 0.00807 at 601800 USD in short positions liquidated.
🔔 [Short liquidation] BINANCE [PENGUUSDT] was liquidated at price 0.00807; liquidation amount: $60.18W
The message stated that the exchange was BINANCE。
The trading pair is PENGUUSDT。
The price is 0.00807。
The liquidation direction is “short positions liquidated.”
The liquidation amount is listed as $60.18W。
The source of the information is a Telegram link.
The following is analysis, separate from reported facts. Verify important claims independently.
“Short-position liquidation” means that short positions are forcibly closed. The message said that this event occurred in Binance’s PENGUUSDT trading pair, with the price at 0.00807, and the amount listed as$60.18W。
Liquidation information can help clarify the forced closure of an individual position, but this message itself cannot confirm the subsequent price direction.
Beginners should first distinguish among the exchange, trading pair, price, and liquidation amount, and should not judge price movements or trade solely on the basis of a single liquidation message.
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This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →A combination representing the exchange relationship between two assets, in which one asset is denominated in terms of the other.
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 →