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🔔 [Long liquidation] OKX [ZEC-USDT-SWAP] was liquidated at price 1535; liquidation amount: $16.20W
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OKX of ZEC-USDT-SWAP was reportedly liquidated at 1535 the price of 162000 USD in long positions.
🔔 [Long liquidation] OKX [ZEC-USDT-SWAP] was liquidated at price 1535; liquidation amount: $16.20W
The original text stated that the event occurred at OKX。
The original text stated that the contract was ZEC-USDT-SWAP。
The original text stated that the price was 1535。
The original text stated that the liquidation amount was$16.20W。
The original text marked the event as a long-position liquidation.
The following is analysis, separate from reported facts. Verify important claims independently.
A long-position liquidation generally refers to a contract position betting on an upward price movement being forcibly closed due to price changes. The message stated that the relevant event occurred on ZEC-USDT-SWAP contract, but the original text provided no further trading details.
The liquidation information can help readers monitor changes in leveraged positions and short-term volatility for the relevant contract.
Beginners should note that a single liquidation message alone cannot establish a price trend or market 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 whereby the system forcibly closes a leveraged position after it moves unfavorably and breaches a specified threshold.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
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