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🔔 [Long liquidation] BINANCE [XRPUSDT] was liquidated at price 1.25; liquidation amount: $29.42W
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The report states that Binance's XRPUSDT had a long liquidation at a price of 1.25, with an amount of 294200 USD.
🔔 [Long liquidation] BINANCE [XRPUSDT] was liquidated at price 1.25; liquidation amount: $29.42W
According to reports,BINANCE's XRPUSDT experienced a long liquidation at a price of 1.25.
The reported liquidation amount was 294200 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” refers to the forced closure of a leveraged position with a bullish directional bet; this report provides the relevant trading pair, price, and amount.
It indicated that XRPUSDT saw a reported long liquidation event near 1.25.
It can help beginners understand forced closures in leveraged trading and how they are recorded.
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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 →This term is not in the glossary yet. Browse related concepts in the glossary.
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