$FET

A long position in Fetch.ai (FET) was liquidated at $1.283, with a total value of $51.3K.

Here’s the breakdown:

1. Liquidated Long: A long position is when a trader bets on the price of an asset rising. Liquidation happens when the price drops against the position, and the trader's margin is insufficient to maintain the trade. In this case, FET's price fell to $1.283, triggering the liquidation.

2. $51.3K: This is the total size of the long position that was liquidated, showing a significant commitment by the trader.

Market Implications

This liquidation may indicate selling pressure

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