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🔔 【Long Liquidation】BINANCE 【ZECUSDT】experienced a liquidation when the price was 1511. Liquidation amount: $150,100
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A long liquidation of $150,100 occurred for ZECUSDT on BINANCE at the 1511 price level.
🔔 【Long Liquidation】BINANCE 【ZECUSDT】experienced a liquidation when the price was 1511. Liquidation amount: $150,100
BINANCE was identified as the platform where the liquidation occurred.
The trading pair was ZECUSDT.
The liquidation price was 1511.
The liquidation direction was long.
The liquidation amount was $150,100.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” generally refers to a bullish position being forcibly liquidated due to price movements; the source reports that this event occurred at a price of 1511.
This information indicates that long positions related to ZECUSDT experienced a forced liquidation event.
Beginners can understand this as some bullish positions failing to maintain the margin requirement and therefore being forcibly closed by the system.
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This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →A risk-management mechanism whereby the system forcibly closes a leveraged position after it moves unfavorably and breaches a specified threshold.
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