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🔔 [Long liquidation] BINANCE [KORUUSDT] was liquidated at price 10.73; liquidation amount: $53.65W
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Binance on KORUUSDT at 10.73 price, a long liquidation occurred, with the amount marked as$53.65W。
🔔 [Long liquidation] BINANCE [KORUUSDT] was liquidated at price 10.73; liquidation amount: $53.65W
According to the report BINANCE of KORUUSDT a long-position liquidation occurred.
According to the report, the liquidation price was 10.73。
According to the report, the liquidation amount was $53.65W。
The following is analysis, separate from reported facts. Verify important claims independently.
A long-position liquidation means that a position betting on an upward price direction was forcibly closed. This message only indicates that one related liquidation occurred; it does not indicate subsequent price movement.
Liquidation information can help monitor the forced closure of leveraged positions, but a single message is insufficient to determine the overall market trend.
Beginners should first understand that a long position bets on a price increase; liquidation means the position was forcibly closed, which may result in a loss.
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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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