$FET LONG LIQUIDATION This refers to the closure liquidation of a long position in

$2.9513K: The total value of the liquidation is $2,951.30.

at $1.26071: The liquidation occurred when the price of $FET reached $1.26071.

In a long position, a trader buys an asset with the expectation that its price will rise. However, in this case, the price of $FET likely moved against the position, triggering a liquidation at $1.26071. The liquidation resulted in a loss of $2,951.30. This could happen when the asset's price declines significantly, causing the trader's position to be automatically closed by the exchange to prevent further losses.

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