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🔔 [Long liquidation] GATE [ETH_USDT] was liquidated at price 2433; liquidation amount: $1.90M
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The report states that GATE's ETH_USDT had a long liquidation at a price of 2433, with an amount of 1900000 USD.
🔔 [Long liquidation] GATE [ETH_USDT] was liquidated at price 2433; liquidation amount: $1.90M
GATE's ETH_USDT at the price of 2433 experienced a long liquidation.
The listed liquidation amount was 1900000 USD.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long-position liquidation” generally refers to positions betting on price increases being forcibly liquidated due to price movements; this record states that the event occurred in GATE of ETH_USDT trading pair, at a price of 2433。
A large position was forcibly liquidated, which may indicate substantial trading risks in the relevant market, but the original text did not state the subsequent impact.
This is a trading risk alert: long-position liquidation means that some bullish positions were forcibly closed.
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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 →A combination representing the exchange relationship between two assets, in which one asset is denominated in terms of the other.
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