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🔔 [Long liquidation] OKX [ZEC-USDT-SWAP] was liquidated at price 1144; liquidation amount: $17.16W
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An alert stated that OKX of ZEC-USDT-SWAP at a price of 1144 long liquidations occurred, amounting to$17.16W。
🔔 [Long liquidation] OKX [ZEC-USDT-SWAP] was liquidated at price 1144; liquidation amount: $17.16W
The source labels the event as a long liquidation.
The original text states that the event occurred at OKX of ZEC-USDT-SWAP。
The listed liquidation price was 1144.
The listed liquidation amount was $17.16W.
The following is analysis, separate from reported facts. Verify important claims independently.
This information means: according to the alert, a leveraged long ZEC-USDT-SWAP position in 1144 when the price reached$17.16W was used in the original text to indicate the amount, but it did not further explain what unit W represents.
Liquidation information can help indicate whether leveraged positions in related contracts have been liquidated in concentration, but this record alone is insufficient to indicate subsequent price movements or overall market conditions.
Beginners should understand this as a single contract liquidation alert, not as sufficient grounds for buying, selling, or determining price direction.
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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 →This term is not in the glossary yet. Browse related concepts in the glossary.
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