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🔔 [Long liquidation] BINANCE [XAGUSDT] was liquidated at price 60.22; liquidation amount: $99.30W
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The monitoring information states that the BINANCE of XAGUSDT long position was liquidated at a price of 60.22.
🔔 [Long liquidation] BINANCE [XAGUSDT] was liquidated at price 60.22; liquidation amount: $99.30W
The original text states that “long liquidations” occurred.
The platform involved was BINANCE, and the trading pair was XAGUSDT。
The listed liquidation price was 60.22.
The listed liquidation amount was “$99.30W”.
The following is analysis, separate from reported facts. Verify important claims independently.
A liquidation refers to a position being closed by the system after reaching the conditions for forced liquidation. Here, the information indicates that XAGUSDT one long position of Binance was liquidated when the price was 60.22; the amount is recorded in the original text as “$99.30W”, but its specific unit is not stated.
Liquidation information can help observe forced liquidation events in the market, but a single monitoring item is insufficient to indicate a price trend or the overall situation on the platform.
Beginners should first confirm the amount unit, data source, and whether subsequent consecutive liquidations occurred before assessing the market impact.
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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 combination representing the exchange relationship between two assets, in which one asset is denominated in terms of the other.
View glossary →