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🔔 [Long liquidation] BINANCE [ETHBTC] was liquidated at price 0.0305; liquidation amount: $3.06M
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Binance's ETHBTC at 0.0305 price saw 3060000 USD long liquidation reports.
🔔 [Long liquidation] BINANCE [ETHBTC] was liquidated at price 0.0305; liquidation amount: $3.06M
BINANCE's ETHBTC experienced at price 0.0305, long liquidations occurred.
The liquidation amount was $3.06M.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” refers to bullish-direction positions being forcibly closed; this information reports the trading pair, price, and amount.
It indicates that a large forced liquidation event occurred for the trading pair, but this report alone cannot determine subsequent price movements.
It can be understood as follows: some positions betting on ETHBTC a price increase were forcibly closed by the system.
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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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