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🔔 [Long liquidation] BINANCE [XRPUSDT] was liquidated at price 1.41; liquidation amount: $38.73W
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The evidence stated that BINANCE’s XRPUSDT at 1.41 the price saw 387300 USD in long liquidations.
🔔 [Long liquidation] BINANCE [XRPUSDT] was liquidated at price 1.41; liquidation amount: $38.73W
BINANCE was identified as the platform where the event occurred.
The trading pair was XRPUSDT。
The price was 1.41。
The liquidated position was long.
The liquidation amount was labeled as$38.73W。
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” refers to positions associated with expectations of price increases being forcibly closed; this evidence stated that the event occurred on BINANCE’s XRPUSDT.
This suggests that near the 1.41 price, a labeled long liquidation occurred for this trading pair, but this evidence alone cannot determine the subsequent price direction.
Beginners can first focus on these five pieces of information: the trading platform, trading pair, trigger price, position direction, and amount.
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This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →A combination representing the exchange relationship between two assets, in which one asset is denominated in terms of the other.
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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