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🔔 [Short liquidation] OKX [MU-USDT-SWAP] was liquidated at price 1016; liquidation amount: $21.58W
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OKX MU-USDT-SWAP saw a short liquidation at 1016, involving 215,800 USD.
🔔 [Short liquidation] OKX [MU-USDT-SWAP] was liquidated at price 1016; liquidation amount: $21.58W
The event involved OKX MU-USDT-SWAP.
The liquidation was a short liquidation.
The liquidation price was 1016.
The liquidation amount was $21.58W.
The following is analysis, separate from reported facts. Verify important claims independently.
This means a short position in the contract was forcibly closed when the price reached 1016, involving $21.58W.
This shows that a clearly recorded short liquidation occurred in the contract.
Liquidation means that a position is forcibly closed because it cannot meet margin requirements.
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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.
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