You're referring to a long liquidation involving the asset $1INCH Here's the breakdown

Long Liquidation: A long position means the trader had bought $1INCH, expecting its price to rise. However, the position was liquidated closed because the price dropped to a level that required the trader to close the position to prevent further losses or due to margin requirements.

$2.2813K: This represents the value of the long position that was liquidated, totaling $2,281.30.

$0.4027: This is the price at which the position was liquidated. The asset $1INCH reached $0.4027 per unit, which likely triggered the liquidation due to the price decline and margin call.

In summary, the trader was forced to close their long position in $1INCH when the price fell to $0.4027, likely due to margin call requirements or a stop-loss trigger. Let me know if you'd like more details on this

#BTCNextMove #CorePCESignalsShift #BinanceLaunchpoolBIO #BinanceLabsBacksUsual #GrayscaleHorizenTrust