$JUP

Symbol: JUP (likely referring to the cryptocurrency token Jupiter)

Event: Liquidation of a long position

Amount Liquidated: $59,500 USD

Liquidation Price: $1.172 USD per $JUP

What Does This Mean?

A liquidated long means that a trader who was betting on the price of $JUP going up had their position forcibly closed because the price dropped to or below their liquidation level.

This typically happens in leveraged trading,

where traders borrow funds to amplify their positions but risk losing the entire position if the market moves against them.

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