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🔔 [Short liquidation] BINANCE [ETHUSDT] was liquidated at price 2747; liquidation amount: $2.03M
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The monitoring channel said that,BINANCE's ETHUSDT at 2747 the price saw 2030000 USD a short liquidation.
🔔 [Short liquidation] BINANCE [ETHUSDT] was liquidated at price 2747; liquidation amount: $2.03M
The event was described as a short liquidation.
The trading platform was BINANCE, and the trading pair was ETHUSDT。
The liquidation price was 2747.
The liquidation amount was 2030000 USD.
The following is analysis, separate from reported facts. Verify important claims independently.
A short liquidation refers to a position betting on a price decline being forcibly closed. The message said that this ETHUSDT position was forcibly closed when the price 2747 and the amount was 2030000 USD。
A large liquidation may increase short-term market volatility, but this message alone cannot determine ETH subsequent price trend.
This is an unverified monitoring message about forced liquidation in cryptocurrency derivatives and does not constitute confirmation of a price trend.
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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 combination representing the exchange relationship between two assets, in which one asset is denominated in terms of the other.
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