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🔔 【Short Liquidation】BINANCE 【TSLAUSDT】was liquidated at a price of 383.8, with a liquidation amount of $155,600.
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A short position in Binance TSLAUSDT was liquidated at 383.8, with an amount of approximately $155,600.
🔔 【Short Liquidation】BINANCE 【TSLAUSDT】was liquidated at a price of 383.8, with a liquidation amount of $155,600.
A short liquidation occurred on BINANCE for TSLAUSDT.
The liquidation price was 383.8.
The liquidation amount was listed as $155,600.
The following is analysis, separate from reported facts. Verify important claims independently.
A short liquidation occurs when a position that bets on a price decline is forcibly closed because of price movements. Here, the message says this occurred for TSLAUSDT on BINANCE at 383.8.
This indicates that a relatively large forced liquidation record occurred at that time.
It can be understood as a trade betting on a decline being forcibly closed 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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