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🔔 [Long liquidation] OKX [FIL-USDT-SWAP] was liquidated at price 1.17; liquidation amount: $21.09W
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OKX's FIL-USDT-SWAP at 1.17 price, approximately 210900 USD long liquidations occurred.
🔔 [Long liquidation] OKX [FIL-USDT-SWAP] was liquidated at price 1.17; liquidation amount: $21.09W
The report states that OKX's FIL-USDT-SWAP experienced long liquidations.
The report states that the liquidation price was 1.17。
The message said the liquidation amount was 210900 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” refers to the forced closure of a bullish derivatives position due to insufficient margin. The report states that FIL-USDT-SWAP at 1.17 was the price at which this forced closure occurred.
Information on long liquidations can be used to observe forced closures in the derivatives market, but this report alone cannot determine FIL the subsequent price trend.
This is not a spot trading signal, but a monitoring report of forced derivatives liquidations; derivatives trading may involve leverage and high risk.
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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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