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🔔 [Short liquidation] BITGET [PEPEUSDT_UMCBL] was liquidated at price 0.0000056; liquidation amount: $20.37W
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The report states that Bitget's PEPEUSDT_UMCBL had a short liquidation at a price of 0.0000056, with an amount of 203700 USD.
🔔 [Short liquidation] BITGET [PEPEUSDT_UMCBL] was liquidated at price 0.0000056; liquidation amount: $20.37W
BITGET The PEPEUSDT_UMCBL contract experienced a short liquidation.
The liquidation price was 0.0000056.
The liquidation amount was 203700 USD.
The following is analysis, separate from reported facts. Verify important claims independently.
This is a futures liquidation alert: The message states that the short position of PEPEUSDT_UMCBL was forcibly closed at that price, with an amount of approximately 203700 USD。
It records the exchange, contract, price, and amount, and can be used to track PEPE contract liquidation activity.
Beginners can understand it as follows: some short positions were forcibly closed by the system after meeting liquidation conditions.
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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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