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🔔 [Long liquidation] BINANCE [INTCUSDT] was liquidated at price 119.1; liquidation amount: $18.64W
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Binance Records show that INTCUSDT at 119.1 occurred 18.64W USD in long liquidations.
🔔 [Long liquidation] BINANCE [INTCUSDT] was liquidated at price 119.1; liquidation amount: $18.64W
BINANCE of INTCUSDT experienced long liquidations at the price of 119.1.
The liquidation amount was $18.64W.
The source of the evidence is a Telegram channel message.
The following is analysis, separate from reported facts. Verify important claims independently.
Long liquidation refers to the forced liquidation of leveraged positions that anticipate a price increase. Here, the message indicates that INTCUSDT at 119.1 price, approximately, one such event occurred.
This indicates a market event in which leveraged positions in the trading pair were forcibly liquidated, but a single record is insufficient to indicate the subsequent price trend.
Beginners can understand this as an alert that a leveraged trade was forcibly closed by the system; it does not mean that the price will necessarily continue to fall.
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