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🔔 [Long liquidation] OKX [PUMP-USDT-SWAP] was liquidated at price 0.00383; liquidation amount: $19.84W
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A monitoring report stated that OKX's PUMP-USDT-SWAP at a price of 0.00383 saw a long liquidation, with the amount listed as$19.84W。
🔔 [Long liquidation] OKX [PUMP-USDT-SWAP] was liquidated at price 0.00383; liquidation amount: $19.84W
The message labels the event as “long liquidation.”
The platform involved was OKX, and the contract was PUMP-USDT-SWAP。
The price at the time of liquidation stated in the message was 0.00383。
The liquidation amount stated in the message was $19.84W。
The following is analysis, separate from reported facts. Verify important claims independently.
A long liquidation generally refers to the forced closure of a long position due to price movements and insufficient margin. This content reports only one monitored record and provides no order details or other verification materials; the specific meaning of the amount unit “W” is also not explained in the original text.
Liquidation records can be used to observe changes in leveraged positions in the derivatives market, but this single message alone cannot determine PUMP the subsequent price direction or the overall market trend.
Beginners should treat this as an unverified risk alert rather than a basis for buying or selling; they should also pay attention to the information source, amount unit, and additional market data.
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This term is not in the glossary yet. Browse related concepts in the glossary.
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.
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 →