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🔔 [Long Liquidation] BINANCE [PUMPUSDT] liquidated at a price of 0.00435, liquidation amount: $29.55W
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Long positions in PUMPUSDT on BINANCE were liquidated at a price of 0.00435, with a total value of $29.55W.
🔔 [Long Liquidation] BINANCE [PUMPUSDT] liquidated at a price of 0.00435, liquidation amount: $29.55W
Reports indicate that BINANCE PUMPUSDT experienced long liquidations.
Reports indicate the liquidation price was 0.00435.
Reports indicate the liquidation amount was $29.55W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long liquidation” refers to the forced closure of long positions due to price movements or other factors; this message reports a related event.
This indicates that long positions in PUMPUSDT were forcibly closed at the time of the reported event.
Beginners can understand this as: some positions betting on a price increase were forcibly closed by the system.
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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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