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🔔 [Short liquidation] OKX [ETH-USDT-SWAP] was liquidated at price 2728; liquidation amount: $1.36M
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The monitoring channel stated that,OKX of ETH-USDT-SWAP at 2728 the price saw 1360000 USD a short liquidation.
🔔 [Short liquidation] OKX [ETH-USDT-SWAP] was liquidated at price 2728; liquidation amount: $1.36M
Reports state that OKX of ETH-USDT-SWAP experienced a short liquidation.
The liquidation price was 2728.
The liquidation amount was 1360000 USD.
The following is analysis, separate from reported facts. Verify important claims independently.
A short liquidation generally refers to a bearish position being forcibly closed because of price movements. This message reports only one related event.
This information concerns ETH-USDT-SWAP's contract position changes and may serve as market-monitoring information; however, a single message is insufficient to determine a trend.
Beginners can understand this as: a bearish position was forcibly closed at the specified price, for an amount of approximately 1360000 USD。
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This term is not in the glossary yet. Browse related concepts in the glossary.
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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