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🔔 [Long liquidation] OKX [XAU-USDT-SWAP] was liquidated at price 4227; liquidation amount: $33.82W
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OKX's XAU-USDT-SWAP reportedly at 4227 the price, 338200 USD long liquidations.
🔔 [Long liquidation] OKX [XAU-USDT-SWAP] was liquidated at price 4227; liquidation amount: $33.82W
The evidentiary text states that OKX of XAU-USDT-SWAP at a price of 4227, long liquidations occurred.
The liquidation amount given in the evidence text is 338200 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
This is a liquidation monitoring item, indicating that a long position in the contract was allegedly forcibly closed. The evidence does not provide original records from an exchange or the blockchain.
Long liquidations may indicate forced closures near the relevant price level, but this record alone cannot determine the subsequent price direction or overall trend.
Liquidation occurs when a leveraged trader fails to meet margin requirements and the position is 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 in which a leveraged position is forcibly closed by the system after moving adversely beyond a specified threshold.
View glossary →A trading method that uses borrowed funds to establish a position larger than the trader’s own capital, thereby amplifying both potential gains and losses.
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