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🔔 [Long Liquidation] BYBIT [SUIUSDT] experienced a liquidation at a price of 0.979, with a liquidation amount of $19.20W
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A SUIUSDT long position on BYBIT was liquidated at 0.979 for 192000 USD.
🔔 [Long Liquidation] BYBIT [SUIUSDT] experienced a liquidation at a price of 0.979, with a liquidation amount of $19.20W
Long liquidations occurred on SUIUSDT at BYBIT.
The liquidation price was 0.979.
Liquidation amount was $19.20W.
The following is analysis, separate from reported facts. Verify important claims independently.
Liquidation indicates that a position was closed due to triggering a forced liquidation; this specifically refers to a long position.
This indicates that a SUIUSDT long position was forcibly closed at this time.
Beginners can understand this as: a bullish position was forcibly closed by the system because price conditions were triggered.
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This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →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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