Article
🔔 [Long liquidation] BINANCE [1000PEPEUSDT] was liquidated at price 0.00411; liquidation amount: $19.64W
BINANCE's 1000PEPEUSDT reportedly saw a recurrence of 196400 USD long position liquidations
BINANCE's 1000PEPEUSDT long positions were liquidated at a 0.00411 price, for an amount of approximately 196400 USD。
Key points
The liquidation type was a long liquidation.
The platform involved was BINANCE.
The trading pair was 1000PEPEUSDT.
The liquidation price is 0.00411.
The liquidation amount is labeled $19.64W.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This means that the trader holding a long position in 1000PEPEUSDT had their position forcibly liquidated when the price was 0.00411.
Why it matters to readers
This indicates a recorded forced closure of a long position in this trading pair.
A long position typically bets on the price rising; liquidation means the position was forcibly closed, which may result in a loss.
Risks and unknowns
- The original text does not specify the currency unit conversion specifically corresponding to $19.64W.
- The original text does not state the number of traders involved, the margin ratio, or the reason for the liquidation.
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