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🔔 [Long liquidation] BINANCE [KORUUSDT] was liquidated at price 11.35; liquidation amount: $21.38W
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The alert states that Binance's KORUUSDT at a 11.35 price experienced 213800 USD in long liquidations.
🔔 [Long liquidation] BINANCE [KORUUSDT] was liquidated at price 11.35; liquidation amount: $21.38W
The alert stated that the event occurred at BINANCE。
The alert concerns KORUUSDT。
The alert states that the price at the time of the liquidation was 11.35。
The alert states that the liquidation amount was$21.38W。
The alert type is long liquidation.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” generally refers to bullish, leveraged positions being forcibly liquidated due to price movements. The information here comes from a Telegram alert.
Such an alert may indicate that relevant leveraged long positions were forcibly liquidated, but the scope of the market impact cannot be determined from this information alone.
Beginners should note that leveraged trading may trigger forced liquidation when prices move and may result in losses.
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This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →A trading method that uses borrowed funds to establish a position larger than the trader’s own capital, thereby amplifying both potential gains and losses.
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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