Article
🔔 [Long liquidation] OKX [DOGE-USDT-SWAP] was liquidated at price 0.0799; liquidation amount: $23.11W
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Reports state that OKX's DOGE-USDT-SWAP at 0.0799 experienced$23.11W in long liquidations.
🔔 [Long liquidation] OKX [DOGE-USDT-SWAP] was liquidated at price 0.0799; liquidation amount: $23.11W
The headline and body of the message stated that OKX’s DOGE-USDT-SWAP experienced long liquidations.
The liquidation price was 0.0799.
The liquidation amount was $23.11W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” generally refers to the forced closure of a leveraged position betting on price appreciation; this article only confirms that the channel published this event information.
This provides DOGE perpetual contract market with a record of a single liquidation event, but this message alone cannot determine the overall trend.
Beginners can first focus on the price, contract, and amount involved in the liquidation, and avoid trading based solely on a single liquidation message.
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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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