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🔔 [Short liquidation] OKX [WLD-USDT-SWAP] was liquidated at price 0.571; liquidation amount: $28.56W
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The message states that OKX's WLD-USDT-SWAP at a price of 0.571 saw a short liquidation, with the amount labeled$28.56W。
🔔 [Short liquidation] OKX [WLD-USDT-SWAP] was liquidated at price 0.571; liquidation amount: $28.56W
The source labels the event as a short liquidation.
The original text mentions the trading platform OKX and the contract WLD-USDT-SWAP。
The source states that the liquidation price was 0.571.
The source marks the liquidation amount as $28.56W.
The following is analysis, separate from reported facts. Verify important claims independently.
This message states that someone OKX held WLD-USDT-SWAP a short position and was forcibly closed at the indicated price of 0.571. The original text does not explain what “W” specifically represents in the amount unit.
Liquidation information can be used to observe the contract’s market volatility and short-position risk at the time, but this message alone is insufficient to confirm the subsequent price direction.
Beginners should treat this as a single liquidation alert rather than a buy or sell signal; when using leverage, adverse price movements may trigger forced liquidation.
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View glossary →A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
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