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🔔 [Long liquidation] BINANCE [SNDKUSDT] was liquidated at price 1587; liquidation amount: $19.54W
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The channel stated that,Binance on SNDKUSDT on 1587 occurred 195400 USD long liquidations.
🔔 [Long liquidation] BINANCE [SNDKUSDT] was liquidated at price 1587; liquidation amount: $19.54W
The information identifies the trading platform as BINANCE。
The information stated that the trading instrument was SNDKUSDT。
The information stated that the price was 1587。
The information stated that long liquidations occurred.
The information stated that the liquidation amount was$19.54W。
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” means that the relevant long positions were forcibly closed; the original text provides no further trading context.
This is a liquidation report involving SNDKUSDT and Binance, but the broader market impact cannot be determined from the original text alone.
Beginners can initially understand this as a record of a long position that was forcibly liquidated, not as an indication of the overall market 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.
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