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🔔 [Long liquidation] OKX [MU-USDT-SWAP] was liquidated at price 770.4; liquidation amount: $20.80W
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OKX's MU-USDT-SWAP saw a long liquidation at the price of 770.4, with the amount marked as $20.80W.
🔔 [Long liquidation] OKX [MU-USDT-SWAP] was liquidated at price 770.4; liquidation amount: $20.80W
The incident involves OKX.
The contract is MU-USDT-SWAP.
The original price is 770.4.
The original text labels the event as a long liquidation.
The liquidation amount is marked as $20.80W.
The following is analysis, separate from reported facts. Verify important claims independently.
Long liquidations indicate that long positions were forcibly closed; the original text does not specify the exact cause or subsequent effects.
This is a contract liquidation reminder that helps readers monitor price and position changes in MU-USDT-SWAP.
Beginners can first understand it as: a position betting on a price increase is forcibly closed, but a single alert does not represent the trend.
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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.
View glossary →A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
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