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🔔 [Long liquidation] BINANCE [BNBUSDT] was liquidated at price 740.8; liquidation amount: $39.58W
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Binance of BNBUSDT at 740.8 the price saw$39.58W long liquidations.
🔔 [Long liquidation] BINANCE [BNBUSDT] was liquidated at price 740.8; liquidation amount: $39.58W
The event is labeled “long liquidation.”
The exchange is BINANCE。
The trading pair is BNBUSDT。
The liquidation price was 740.8.
The liquidation amount was $39.58W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” means that this alert records an event in which a long position was forcibly closed.
It provides BNBUSDT information on the exchange, price, and amount of a leveraged-position liquidation.
Beginners can understand it as: a position betting on a price increase was forcibly closed at that price.
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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 →This term is not in the glossary yet. Browse related concepts in the glossary.
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