Article
🔔 [Short liquidation] OKX [PEPE-USDT-SWAP] was liquidated at price 0.0000050; liquidation amount: $15.12W
OKX PEPE-USDT-SWAP approximately occurred 151200 USD short liquidation
The record shows that OKX of PEPE-USDT-SWAP experienced a short liquidation at the 0.0000050 price.
Key points
The event is labeled “short liquidation.”
The platform involved was OKX。
The trading instrument involved was PEPE-USDT-SWAP。
The recorded price was 0.0000050。
The recorded liquidation amount was$15.12W。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Liquidation refers to the forced closure of a leveraged position because it cannot meet margin requirements. This record states that the instrument experienced a short liquidation, but the evidence does not identify the specific position holder or subsequent price changes.
Why it matters to readers
It indicates that a leveraged position in the trading instrument was forcibly liquidated near that price. This record alone cannot determine subsequent price movements.
Beginners can understand it as a leveraged-trading risk alert rather than a definitive buy or sell signal.
Risks and unknowns
- This information appears only in the evidence provided, which contains no independently verified record.
- The evidence does not specify the conversion of the specific monetary unit corresponding to “$15.12W”.
- The evidence provides no subsequent price, open interest, or other liquidation information.
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