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🔔 [Long liquidation] OKX [SOL-USDT-SWAP] was liquidated at price 104.7; liquidation amount: $31.40W
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The alert stated that OKX of SOL-USDT-SWAP at a price of 104.7 a$31.40W long liquidation.
🔔 [Long liquidation] OKX [SOL-USDT-SWAP] was liquidated at price 104.7; liquidation amount: $31.40W
The source labels the event as a long liquidation.
The platform mentioned in the original text is OKX, and the contract is SOL-USDT-SWAP。
The source gives the price as 104.7.
The source gives the liquidation amount as $31.40W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” means that the long position referred to by the alert was forcibly closed. The original text reports only one event and its price and amount; it does not provide the cause, time of occurrence, or subsequent market performance.
This information can be used to observe SOL-USDT-SWAP liquidation activity, but this single liquidation alone cannot be used to determine the price trend or the overall direction of the market.
Beginners should treat it as a single liquidation alert and should not use this information alone to determine that SOL will definitely rise or fall next.
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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 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 →