$PENGU The information you've provided suggests a long liquidation for the cryptocurrency $PENGU , with the following details
Long Liquidation: A long liquidation happens when a trader who bought an asset hoping its price would rise is forced to close their position, typically because the price has moved against them fallen When the price reaches a certain level, the position is liquidated, meaning the trader’s holdings are sold off to cover the losses.
$1.793K: This represents the value of the long position that was liquidated, which in this case is $1,793.
$0.03362: This is the price of PENGU at the time of liquidation, which likely reflects the point at which the trader was forced to exit the long position.
In summary, someone who held a long position in PENGU expecting the price to rise experienced a price decline, triggering a liquidation at $0.03362, resulting in a loss of $1,793.$PENDLE
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