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🔔 [Long liquidation] BINANCE [SOLUSDT] was liquidated at price 105.7; liquidation amount: $21.34W
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The report states that BINANCE's SOLUSDT had a long liquidation at a price of 105.7, with an amount of 213400 USD.
🔔 [Long liquidation] BINANCE [SOLUSDT] was liquidated at price 105.7; liquidation amount: $21.34W
BINANCE occurred:SOLUSDT long liquidation.
The listed liquidation price was 105.7.
The listed liquidation amount was $21.34W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” generally refers to a bullish leveraged position being forcibly closed due to insufficient margin; this information only explicitly reports the event, price, and amount.
It indicates SOLUSDT at 105.7 a record of a leveraged long position being forcibly liquidated appeared near the price.
Beginners should first focus on the exchange, trading pair, liquidation direction, price, and amount, and should not judge the market trend based solely on a single alert.
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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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