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🔔 [Long liquidation] BINANCE [SNDKUSDT] was liquidated at price 1415; liquidation amount: $24.73W
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The report states that BINANCE's SNDKUSDT had a long liquidation at a price of 1415, with an amount of 247300 USD.
🔔 [Long liquidation] BINANCE [SNDKUSDT] was liquidated at price 1415; liquidation amount: $24.73W
BINANCE of SNDKUSDT at price 1415 experienced long-position liquidations.
The listed liquidation amount was $24.73W.
The following is analysis, separate from reported facts. Verify important claims independently.
“Long-position liquidation” generally refers to a bullish, leveraged position being forcibly liquidated; this evidence reports only that event.
This suggests that the trading pair, at 1415 around the price, saw a record of a leveraged position being forcibly liquidated.
Beginners can understand this as a leveraged trade betting on a price increase being 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 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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