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🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1237; liquidation amount: $19.44W
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Reports state that OKX of SNDK-USDT-SWAP at the price of 1237, a long liquidation occurred, with the amount listed as$19.44W。
🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1237; liquidation amount: $19.44W
The original text states that the event occurred at OKX。
The contract involved was SNDK-USDT-SWAP。
The original text states that the liquidation direction was long.
The source lists the liquidation price as 1237.
The source lists the liquidation amount as $19.44W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” refers to the forced closure of a bullish contract position; this report describes a specific event but does not provide independently verifiable exchange records.
This report may be used to monitor SNDK-USDT-SWAP contract liquidation activity, but this single record alone cannot determine subsequent price movements or platform risk.
Beginners should treat this as a contract-risk alert. Do not judge price direction based solely on a single liquidation report, and do not overlook the risk that leveraged trades may be forcibly closed.
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This term is not in the glossary yet. Browse related concepts in the glossary.
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.
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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