A long position in $LINK /USDT valued at $4,961.4 was liquidated at the price of $23.027
Key Insights
Long Liquidation Indicates the price dropped to $23.027, forcing the position to close
This suggests selling pressure or weakness near this level
Market Sentiment A liquidation at this price might hint at a critical support zone failing though the liquidation size is relatively moderate
For traders monitoring $23.027 as a potential pivot point is essential If the price continues to drop, it may confirm further bearish sentiment If it holds, it could signal stabilization