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🔔 [Short liquidation] OKX [ENA-USDT-SWAP] was liquidated at price 0.293; liquidation amount: $24.91W
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The report states that OKX's ENA-USDT-SWAP at a price of 0.293 experienced approximately 249100 USD in short liquidations.
🔔 [Short liquidation] OKX [ENA-USDT-SWAP] was liquidated at price 0.293; liquidation amount: $24.91W
The report states that the event occurred at OKX。
The contract involved was ENA-USDT-SWAP。
The price provided in the report was 0.293。
The liquidation direction stated in the report was short liquidation.
The liquidation amount provided in the report was 249100 USD。
The source is a Telegram channel link.
The following is analysis, separate from reported facts. Verify important claims independently.
A short liquidation refers to the forced closure of a position shorting the contract. This report only records a single liquidation.
Large liquidations may indicate significant volatility in the relevant contract at the time, but a single report cannot establish a sustained trend or systemic risk.
Beginners should first verify the source and should not infer price movements or make trading decisions solely from a single liquidation report.
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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 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.
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