This refers to a long liquidation of a position in $ALGO Here's the breakdown
The cryptocurrency involved in the long liquidation.
Long Liquidation: In a long position, the trader buys an asset expecting the price to rise. If the price falls instead, the position may be liquidated by the exchange to prevent further losses. In this case, the price of $ALGO fell to a level where the exchange automatically closed the position.
$2K: This is the liquidation value, which amounts to $2,000. This represents the total value of the long position that was closed.
$0.363: This is the price at which the long position was liquidated. The position was automatically closed when the price of reached $0.363.
Summary
A long position in $ALGO was liquidated when the price dropped to $0.363, with a total liquidation value of $2,000. This suggests that the price of
#BTCNextMove #BinanceAlphaAlert #USJoblessClaimsFall #GrayscaleSUITrust #CorePCESignalsShift