Long Liquidation This means the trader had taken a long position in $FIL expecting the price to rise. However, the price likely declined, causing the position to be liquidated to prevent further losses, potentially due to a margin call or automatic liquidation trigger.
$15.592K: This represents the value of the long position that was liquidated, approximately $15,592.
$5.17: This is the price at which the long position was liquidated. The asset $FIL reached $5.17 per unit, which likely caused the liquidation due to the price drop or margin requirements.
In summary, the trader was forced to close their long position in $FIL at $5.17, likely because the price fell below a certain threshold, triggering a liquidation. Let me know if you need further details
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