$HOOK Liquidation value: $3,772.10 — this is the value of the position that was liquidated or the loss incurred.
Liquidation price: $0.4306 — this is the price at which the long position in $HOOK was liquidated.
In the case of a long position, the trader profits when the price of the asset increases. If the price falls, however, the trader faces a loss. In this scenario, the price of $HOOK dropped to $0.4306, triggering the liquidation of the long position.
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