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🔔 [Long liquidation] GATE [SPCX_USDT] was liquidated at price 136.7; liquidation amount: $19.99W
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The report states that GATE's SPCX_USDT had a long liquidation at a price of 136.7, with an amount of 199900 USD.
🔔 [Long liquidation] GATE [SPCX_USDT] was liquidated at price 136.7; liquidation amount: $19.99W
The message states that GATE of SPCX_USDT experienced long liquidations.
The liquidation price was 136.7.
The liquidation amount was $19.99W.
The following is analysis, separate from reported facts. Verify important claims independently.
Long liquidations refer to positions betting on an upward price movement being liquidated after forced liquidation is triggered. The message describes the exchange, trading pair, price, and amount.
This is a SPCX_USDT contract liquidation alert that can be used to monitor relevant market activity, but it cannot be used to determine subsequent price movements.
Beginners can first understand this as: positions betting on a price increase are forcibly liquidated 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.
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