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🔔 [Short liquidation] OKX [IRYS-USDT-SWAP] was liquidated at price 0.391; liquidation amount: $18.80W
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The report states that OKX's IRYS-USDT-SWAP had a short liquidation at a price of 0.391, with an amount of 188000 USD.
🔔 [Short liquidation] OKX [IRYS-USDT-SWAP] was liquidated at price 0.391; liquidation amount: $18.80W
The message states that the event occurred on OKX's IRYS-USDT-SWAP contract.
The message states that the price at the time of the liquidation was 0.391。
The message states that the liquidation amount was $18.80W。
The message labels the event as “short liquidation.”
The following is analysis, separate from reported facts. Verify important claims independently.
“Short liquidation” refers to traders holding bearish-direction positions being forcibly liquidated due to insufficient margin; this message only explicitly identifies the exchange, contract, price, and amount involved in the event.
Liquidation information can be used to observe individual forced-liquidation events in the derivatives market, but this message itself does not provide subsequent price, trading-volume, or other market data.
Beginners can understand this as a market alert that a derivatives position was forcibly closed; it is not equivalent to a definitive judgment about the direction of price movement.
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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.
View glossary →