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🔔 [Short liquidation] OKX [ETH-USD-SWAP] was liquidated at price 2761; liquidation amount: $1.12M
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An alert stated that OKX of ETH-USD-SWAP at 2761 experienced liquidations at a price of 1120000 USD Short liquidations occurred.
🔔 [Short liquidation] OKX [ETH-USD-SWAP] was liquidated at price 2761; liquidation amount: $1.12M
The alert stated that the trading platform was OKX。
The contract was ETH-USD-SWAP。
The alert stated that the price was 2761。
The alert stated that the liquidation amount was 112000000 USD?
The following is analysis, separate from reported facts. Verify important claims independently.
“Short liquidation” means that positions in the bearish direction were forcibly liquidated. This information comes from a channel alert, but the evidence does not provide the exchange’s original liquidation details.
This indicates that a relatively large forced liquidation event occurred for the contract, but this evidence alone cannot determine ETH the subsequent price direction.
Beginners can first focus on the trading platform, contract name, trigger price, and amount, and note that an alert is not equivalent to independently verified exchange data.
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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 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.
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