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🔔 [Long liquidation] BINANCE [SUIUSDT] was liquidated at price 1.01; liquidation amount: $18.65W
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An alert stated,Binance’s SUIUSDT at 1.01 price saw 186500 USD long liquidations occurred.
🔔 [Long liquidation] BINANCE [SUIUSDT] was liquidated at price 1.01; liquidation amount: $18.65W
The alert stated that the event occurred on BINANCE。
The trading pair was SUIUSDT。
The price was 1.01。
The liquidated position was long.
The listed liquidation amount was $18.65W.
The following is analysis, separate from reported facts. Verify important claims independently.
This means that leveraged long positions in SUIUSDT were forcibly closed, and the alert provided the trading platform, trading pair, price, and amount.
The liquidation of long positions indicates that the relevant leveraged positions were liquidated, but this alert alone cannot determine subsequent price movements.
“Long liquidation” means that leveraged positions betting on a price increase were forcibly sold, usually causing the holders to incur losses.
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View glossary →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.
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