$OP LONG LIQUIDATION This refers to the closure liquidation of a long position in .

$1.2483K: The total value of the liquidation is $1,248.30.

at $1.778: The liquidation occurred when the price of $OP reached $1.778.

In a long position, a trader buys the asset with the expectation that its price will rise. If the price of $OP declines, the position may be liquidated to prevent further losses. In this case, the trader's position was liquidated at $1.778, resulting in a loss of $1,248.30. Liquidations occur when the price hits a level that wipes out the trader's margin, especially if the position is leveraged

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