($ETH ):
Amount Liquidated: $134,000
Liquidation Price: $3,870.08
Explanation:
1. Long Liquidation: This occurs when the price of $ETH drops below the trader's maintenance margin level.
It forces the position to close, as the trader can no longer cover losses.
2. Key Implications:
The market likely experienced downward pressure.
Such liquidations often result from leverage trading where $ETH 's price moves
significantly against the position.