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🔔 [Long liquidation] BINANCE [ETHUSDT] was liquidated at price 2674; liquidation amount: $1.35M
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A Binance ETHUSDT long position was liquidated at 2674 for 1.35 million USD.
🔔 [Long liquidation] BINANCE [ETHUSDT] was liquidated at price 2674; liquidation amount: $1.35M
A long liquidation occurred in BINANCE ETHUSDT.
The liquidation price was 2674.
The liquidation amount was 1.35 million USD.
The following is analysis, separate from reported facts. Verify important claims independently.
This means that an ETHUSDT long position traded on BINANCE was forcibly closed when the price reached 2674, involving 1.35 million USD.
This information shows that a relatively large forced liquidation occurred in the ETHUSDT long position.
Liquidation means that a trading platform forcibly closes a position after its loss reaches the applicable threshold.
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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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