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🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1449; liquidation amount: $25.35W
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The liquidation alert stated that OKX of SNDK-USDT-SWAP occurred at the price 1449 when a long liquidation occurred, with the amount marked as$25.35W。
🔔 [Long liquidation] OKX [SNDK-USDT-SWAP] was liquidated at price 1449; liquidation amount: $25.35W
The original text stated that the event occurred at OKX。
The contract involved was SNDK-USDT-SWAP。
The original text states that the liquidation direction was long.
The original text indicated that the price at the time of the liquidation was 1449。
The listed liquidation amount was $25.35W.
The following is analysis, separate from reported facts. Verify important claims independently.
A long liquidation refers to a trader holding a bullish position being forcibly liquidated after the position conditions are triggered. This information reports only one liquidation event and its platform, contract, price, and amount markers.
The liquidation information may be used to observe the short-term trading risk of the contract, but this single record alone cannot determine the subsequent price direction or the overall market trend.
Beginners may regard this as a high-risk trading alert and should not make trading decisions based solely on a single liquidation record.
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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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