Article
🔔 [Long liquidation] BINANCE [BTCUSDT] was liquidated at price 77598; liquidation amount: $5.43M
Loading…
The report states that Binance's BTCUSDT had a long liquidation at a price of 77598, with an amount of 5430000 USD.
🔔 [Long liquidation] BINANCE [BTCUSDT] was liquidated at price 77598; liquidation amount: $5.43M
The original text identifies the exchange as BINANCE。
The original text identifies the trading pair as BTCUSDT。
The original text identifies the occurrence price as 77598。
The original text identifies the liquidation amount as $5. 43M。
The original text labels the event as “long-position liquidation.”
The following is analysis, separate from reported facts. Verify important claims independently.
“Long-position liquidation” refers to leveraged positions in the bullish direction being forcibly closed; this information reports only one event.
Large-liquidation alerts can be used to monitor BTCUSDT at 77598 and subsequent price movements near that level, but a single piece of information cannot determine the overall trend.
Beginners can first understand this as: some bullish leveraged positions were forcibly closed due to price movements, with an amount of 5430000 USD。
Loading event timeline…
This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →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 →