$SOL
1. Asset: $SOL
2. Type of Liquidation: Long position
3. Liquidation Value: $68,200
4. Price Trigger: $240.09
Context:
Liquidation occurs when the price of an asset falls below the maintenance margin required by the exchange, causing forced closure of a leveraged position.
Long Position: This means the trader expected the price of SOL to increase, but it dropped to $240.09, triggering the liquidation.
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